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

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