The Indian rupee fell on Friday under dollar demand pressure linked to maturing non-deliverable forward positions and corporate hedging, as global markets awaited a major US Supreme Court ruling on trade tariffs. The currency closed at 90.1625 against the US dollar, down 0.1% on the day, but little changed from week to week. Weakness in […]
The Indian rupid slipped on Wednesday, because Corporate hedging and speculators reinforced the demand for the Greenback in the short term, most of which were reached by dollar sales by foreign banks. The rupee settled on 87,0650 until the US dollar towards the end of 86,9500 on Tuesday when he climbed the most in more […]