Rupee dragged by weaker Asian peers, held up by central bank line

Rupee dragged by weaker Asian peers, held up by central bank line

Rupee set to open largely flat against the US dollar The 1-month non-deliverable forward (NDF) suggests the Indian rupee will open largely unchanged against the US dollar. The NDF reference follows the rupee’s Friday close at 88.7425 per dollar. What the 1-month NDF means The 1-month NDF is a short-term forward contract that gives a … Read more

Rupee falls 3 paise to close at 88.73 against US dollar

Rupee falls 3 paise to close at 88.73 against US dollar

The local unit narrowed its losses after a broader rebound in equities, as investor confidence received a lift from a clear mandate in the Bihar assembly elections. Markets reacted positively to the political signal, helping beaten-down shares recover and trimming the day’s decline for the unit. Markets take comfort from a clear mandate Equity markets … Read more

Rupee falls 6 paise to close at 88.68 against US dollar

Rupee falls 6 paise to close at 88.68 against US dollar

Rupee Holds in a Tight Range as Traders Weigh Global Cues Forex traders say the rupee is trading in a narrow band, with a combination of falling crude oil prices overnight and renewed optimism around US‑India trade talks helping to steady the market. Those factors have limited any sharp downward pressure on the currency. Crude … Read more

Rupee falls 7 paise to 88.69 against US dollar in early trade

Rupee falls 7 paise to 88.69 against US dollar in early trade

The Indian rupee slipped modestly on Wednesday, ending the day at 88.62 against the US dollar after a decline of 12 paise. The move represents a small intraday change but is notable for traders and businesses tracking currency trends. Market movement The rupee’s 12-paise depreciation from the previous close equals roughly a 0.14% move. Currency … Read more

Rupee depreciates 16 paise to close at 88.66 against US dollar

Rupee depreciates 16 paise to close at 88.66 against US dollar

Rupee trades in a tight range as optimism lifts sentiment The rupee held within a narrow range as renewed optimism over an India‑US trade deal, along with growing hopes that a looming government shutdown in the US could end soon, supported the domestic unit at lower levels, forex traders said. Key factors behind the move … Read more

Rupee falls 15 paise to 88.65 against US dollar in early trade

Rupee falls 15 paise to 88.65 against US dollar in early trade

Rupee slips to 88.65 against the US dollar in early trade The Indian rupee opened at 88.61 against the US dollar at the interbank foreign exchange market and eased further to 88.65, down around 15 paise from the previous close. The move reflects early trading flows as markets react to global and domestic cues. Intraday … Read more

Rupee rises 16 paise to close at 88.57 against US dollar

Rupee rises 16 paise to close at 88.57 against US dollar

Rupee Firm as US Shutdown Risk Eases and Trade Hopes Rise The Indian rupee strengthened as global market sentiment improved after signs of progress on a US government funding bill and growing optimism about a potential US-India trade agreement. Investors reacted to reduced near-term political risk in the US and the prospect of deeper economic … Read more

Rupee sees range-bound trade, rises 6 paise to 88.67 against US dollar

Rupee sees range-bound trade, rises 6 paise to 88.67 against US dollar

Markets Stay Subdued as Equity Momentum Fades Forex traders say a muted trend in domestic equities, coupled with continued foreign fund outflows, has dampened investor sentiment. The result: quieter trading sessions, narrower price moves, and a cautious tone across both local stocks and currency markets. What “Muted Trend” Means for Traders A muted trend typically … Read more