The Indian rupee closed at a record low of 89.5475 per US dollar on Monday, extending pressure on the currency as market forces and policy developments weighed in. Traders pointed to several clear drivers behind the fall. What pushed the rupee lower? RBI’s maturing NDF positions: Settlements in the non-deliverable forward (NDF) market involving the … Read more
Why the rupee is under pressure Forex traders point to three main reasons for the sustained weakness in the rupee: a widening trade deficit, a delayed India‑US trade deal, and limited intervention from the central bank. Together, these factors are creating a market environment that favors a softer currency. Widening trade deficit A growing gap … Read more
The Indian rupee hit a fresh low of 89.713 per US dollar, prompting concern among businesses and investors about the currency’s near-term stability. Analysts point to a combination of a strong US dollar, delayed trade negotiations, and rising import demand as the main drivers of the slide. Why the rupee weakened Strong US dollar: Global … Read more
Rupee opens at 89.45 in early interbank trade The rupee opened at 89.45 to the dollar on the interbank foreign exchange market today. The early move sets the tone for trading as investors and corporates respond to global and domestic cues. What this opening means An opening at 89.45 signals the currency’s starting level against … Read more
Rupee down about 4% this year, but sharp falls not expected The rupee has weakened by roughly 4% year-to-date, but forecasters now see limited room for a steep decline in the near term. “Given that the rupee has already weakened by roughly 4% this year, we do not expect significant further depreciation in the near … Read more
For the week ended November 21, foreign currency assets — a major component of a country’s foreign exchange reserves — fell by USD 1.69 billion, bringing the total to USD 560.6 billion, the data release showed. What this change means Foreign currency assets are the liquid holdings central banks keep in foreign currencies, typically used … Read more
Markets slip as strong dollar and rising oil weigh Global markets retreated after a firmer US dollar and a jump in crude oil prices dented investor sentiment. The combination has raised cost pressures for import-dependent economies and stoked worries about higher inflation and corporate margins. Why the dollar matters A strong greenback makes dollar-denominated commodities … Read more
Rupee Slips as Foreign Funds Pull Back The rupee came under pressure after a noticeable withdrawal of foreign funds, say forex experts. Investors stayed cautious ahead of the release of GDP growth numbers for the July–September quarter, which added to market uncertainty. What’s Driving the Movement? Foreign fund outflows: When foreign investors reduce holdings in … Read more
Rupee Gets a Lift from Foreign Funds and Falling Oil Prices The Indian currency found support recently as foreign capital flowed back into domestic stock markets and global crude oil prices eased. Forex experts say these two forces helped steady the rupee against major currencies. Why foreign inflows matter When foreign investors buy stocks or … Read more
Forex traders say the rupee found support after a fresh inflow of foreign capital into domestic stock markets and a drop in international crude oil prices. These two factors helped ease pressure on the currency and brightened near-term market sentiment. What drove the rupee’s support? Foreign capital inflows: Increased investment from overseas pushed demand for … Read more