Latest Updates Around The World
As strategic ties deepen and discussions around the India-Israel Free Trade Agreement (FTA) gain momentum, the State Bank of India (SBI), the only Indian bank with a presence in Israel, is looking to facilitate bilateral trade in Indian rupees. “Given India’s significant trade flows to/from its partner countries and the growing interest among the global […]
The Indian rupee fell on Monday, following Asian peers, under pressure from demand for dollars around the Reserve Bank of India’s benchmark interest rate.The rupee ended at 90.2775 per dollar on Friday, down from 90.1975. The currency traded in a narrow range of 10 paisa and witnessed its fourth consecutive decline. Dollar and rupee forward […]
The Indian rupee ended lower on Friday, breaking below the critical 90 per dollar mark and posting a second straight weekly decline amid continued demand for year-end dollars.The rupee opened slightly firmer at 89.93 and stayed above 90 early, supported by dollar selling from state-owned banks, traders said. Later, the price slid through the 90 […]
The Indian rupee welcomed 2026 with a marginal decline, weighed down by corporate dollar demand, while thin volumes in the first trading of the new year curbed any major moves, according to traders.The rupee opened lower at 89.9525 per US dollar on Thursday, against Wednesday’s close of 89.87. The currency moved within a narrow range […]
Indian government bonds enter 2026 with a question mark over how much appetite there is for a rise in debt supply, even after a year in which the central bank hit the balance sheet with record asset purchases and 125 basis point rate cuts. The Reserve Bank of India’s (RBI) moves have helped cap yields, […]
The Indian rupee rose against the US dollar on Tuesday, falling in three days as index rebalancing inflows and shortened dollar longs improved sentiment in thin year-end trading.The rupee ended 0.2% higher at 89.79 per dollar at 89.9325 after opening. The price remained within range all morning and had settled at 89.9750 on Monday. “The […]
The Indian rupee weakened for a third straight time on Monday as demand for corporate dollars through private banks put pressure on the currency, with bids at the central bank’s reference rate adding to resistance, traders said. The rupee closed at 89.9750 per US dollar, softer than Friday’s close of 89.85. ‌It opened at 89.88 […]
According to a report by MUFG, a global financial group, the Indian rupee is expected to weaken further by 2026. In a report earlier this month, it predicted further weakness for the Indian rupee. It expects the Indian rupee to appreciate modestly above the 90 level in 2026, with a target of 90.80 by the […]
The Indian rupee ended slightly lower on Friday, posting a weekly loss, as steady demand for dollars from corporates and in the non-deliverable futures market erased gains fueled by aggressive central bank interventions.The rupee closed at 89.85 per dollar, slightly weaker than 89.7850 in the previous session. The currency fell 0.6% this week, reversing course […]
