Rupee falls 23 paise to close at 88.71 against US dollar

Rupee falls 23 paise to close at 88.71 against US dollar

Rupee slips to intra-day low after opening steady At the interbank foreign exchange market, the rupee opened at 88.63 and then lost ground, touching an intra-day low of 88.74. The modest decline reflects cautious sentiment in currency markets as traders digest global and domestic cues. What pushed the move Movements like this are usually shaped … Read more

Rupee likely fall to 90 against US dollar by March 2026, says Union Bank report

Rupee likely fall to 90 against US dollar by March 2026, says Union Bank report

Dollar Stability and Tighter Foreign Flows Shape Market Mood Markets are adjusting to a backdrop where the US Dollar Index (DXY) has entered a consolidating phase, while foreign portfolio flows remain cautious because domestic equities look expensive. These two forces are quietly steering asset prices and investor behavior. What DXY consolidation means A consolidating DXY … Read more

Rupee settles with 2 paise gain at 88.58 against US dollar

Rupee settles with 2 paise gain at 88.58 against US dollar

Rupee’s modest moves held back by a strong dollar and capital outflows The rupee made only modest gains as a firm US dollar and steady foreign capital outflows capped upside momentum. Forex traders said those external pressures kept the local currency from rallying sharply, even as investors watched progress — or lack of it — … Read more

Rupee rises 9 paise to 88.51 against US dollar in early trade

Rupee rises 9 paise to 88.51 against US dollar in early trade

The Indian rupee opened firmer at 88.57 against the US dollar at the interbank foreign exchange market and strengthened further to trade at 88.51 in early deals, a gain of 9 paise from the previous close. Market snapshot Early-session strength pushed the rupee lower against the greenback numerically, reflecting a modest recovery in sentiment. The … Read more

Weekly Rupee View: Rupee stuck in a narrow range

Weekly Rupee View: Rupee stuck in a narrow range

Key technical zone: 88.45–88.80 The market is sitting inside a tight technical band. A decisive breakout above 88.80 or a breakdown below 88.45 is likely to set the tone for the next move. Traders are watching this range closely because it represents recent support and resistance that has contained price action. What a breakout above … Read more

Rupee settles 2 paise lower at 88.61 against US dollar

Rupee settles 2 paise lower at 88.61 against US dollar

Rising import bills and a widening trade deficit have put investors on edge. When a country spends more on imports than it earns from exports, it can affect currency stability, foreign reserves, and investor confidence — all issues that matter to markets and businesses. Why rising import bills matter An increasing import bill means the … Read more

Rupee falls 8 paise to 88.67 against US dollar in early trade

Rupee falls 8 paise to 88.67 against US dollar in early trade

The Indian rupee opened the day at 88.67 against the US dollar in the interbank foreign exchange market, slipped briefly to 88.69, and then inched back to 88.68 in early deals — settling at a loss of 8 paise from the previous close. Market snapshot Opening: 88.67 per US dollar Intra-session dip: 88.69 Initial deals … Read more

RBI’s export relief may weigh on rupee as exporters delay dollar inflows

RBI’s export relief may weigh on rupee as exporters delay dollar inflows

U.S. tariffs dent Indian exports, September shipments fall nearly 12% Recent U.S. tariff measures have taken a clear toll on India’s overseas sales. Shipments to the United States in September dropped by almost 12%, prompting policymakers and industry groups to roll out steps aimed at reducing the shock and protecting exporters. What measures are being … Read more

Rupee falls 6 paise to 88.72 against US dollar in early trade

Rupee falls 6 paise to 88.72 against US dollar in early trade

The Indian rupee opened at 88.70 against the US dollar at the interbank foreign exchange market and slipped to 88.72 in early deals, registering a loss of 6 paise from its previous close. The movement came in the initial rounds of trading as market participants reacted to overnight global cues and domestic positioning. Market snapshot … Read more