Rupee opens at 90.23, slips 5 paise in early trade At the interbank foreign exchange, the rupee opened at 90.23 and was trading weaker by 5 paise from its previous closing level. The modest early slip suggests cautious sentiment among currency traders as they weigh domestic and global factors. Market snapshot Opening level: 90.23 against … Read more
The nation’s foreign currency assets — the largest portion of its foreign exchange reserves — fell by USD 7.622 billion, bringing the total to USD 551.99 billion. The decline reflects valuation swings in major currencies such as the euro, the pound and the yen. What this change means The headline number is a reminder that … Read more
Rupee slips to 90.16 in interbank trade The Indian rupee opened stronger at 89.88 against the US dollar in the interbank foreign exchange market but lost ground during the session to settle at 90.16 (provisional). That marks a decline of 26 paise from the previous close. Intraday movement and market tone The currency’s initial strength … Read more
The Indian rupee opened the interbank foreign exchange market at 88.88 against the US dollar and later slipped to 89.97, registering a decline of 7 paise from its previous close. The early session movement highlights renewed volatility in the currency market as traders weigh global and domestic cues. Market snapshot Opening rate: 88.88 per US … Read more
Rupee edges lower despite fresh RBI intervention The domestic currency slipped in the last trading session even after the Reserve Bank of India stepped in again to support the exchange rate. Market participants said the RBI’s actions provided short-lived relief, but broader forces kept the currency under pressure. What happened in the market Dealers and … Read more
The rupee fell to 90.01 against the US dollar, reflecting renewed dollar strength and rising pressures on emerging market currencies. The move has drawn attention from exporters, importers, investors and policy watchers who watch currency swings closely for implications across markets and the real economy. What pushed the rupee lower? Stronger dollar: The US dollar … Read more
The Indian rupee opened at 89.96 against the US dollar in interbank trading and later firmed to 89.90, ending the session about 3 paise weaker than the previous close. The modest movement reflects a quiet start to the trading day with limited volatility in the broader currency markets. What moved the rupee today The small … Read more
The Indian rupee showed modest strength in the interbank foreign exchange market, opening at 90.20 against the US dollar and trading between 89.75 and 90.23 before closing at 89.87. Daily movement at a glance The session saw a tighter-than-usual trading band, with the rupee ending roughly 33 paise stronger than where it started. The intra-day … Read more
The Indian rupee strengthened on the interbank market, opening at 90.20 against the US dollar and climbing to trade at 89.92 — a gain of 26 paise from its previous close. The move reflects intra-day buying interest and a softer dollar tone that helped domestic currency recover ground. Market snapshot Opening rate: 90.20 per US … Read more
Domestic Currency’s Rally Tempered by Local Stocks and Geopolitical Strain Forex traders say the domestic currency showed promising strength recently, but gains were restrained by two main forces: weak performance in local equity markets and rising geopolitical tensions between the United States and Venezuela. Together, these factors kept a lid on what might otherwise have … Read more