Latest Updates Around The World
The rupee rose 5 paise to 90.67 (provisional) against the US dollar on Wednesday, driven by foreign fund inflows and positive domestic equity markets. However, higher global crude prices and a strengthening dollar blocked sharp gains in the local unit, forex traders said. At the interbank forex market, the rupee opened at 90.60 against the […]
India’s Union Budget 2026 may have relaxed outward investment norms and strengthened the case for global diversification, but currency volatility could change the return equation for foreign investors.In this edition of ETMarkets Smart Talk, Prashant Gupta, co-founder of Wealthy.in, explains why the rupee’s recent swings – after reaching 91.2 against the dollar and recovering towards […]
Analysts say the zone between 89.80 and 90.00 has now emerged as a strong base of support for the rupee against the US dollar. The rupee may find near-term support in the wake of reaching a framework for an interim agreement on reciprocal and mutually beneficial trade between India and the US, with market experts […]
The Indian rupee fell on Friday, scorched by likely dollar outflows and traders cutting long bets, but posted its best gain in more than three years after New Delhi and Washington announced a long-awaited trade deal.The rupee closed at 90.6550 per dollar, down 0.3% on the day but up 1.4% on a weekly basis, the […]
The Nifty IT index fell nearly 6%, its steepest single-day decline in six years. Markets closed marginally higher on Wednesday after a sharp sell-off in information technology stocks, triggered by fears that artificial intelligence would disrupt traditional software business models, wiped out gains in the oil and gas and consumer-facing sectors, with the BSE Sensex […]
At the interbank foreign exchange market, the rupee opened at 90.35 and touched an early high of 90.26 and a low of 90.54 against the dollar. | Photo credit: FRANCIS MASCARENHAS The rupee fell 11 paise to 90.43 (provisional) against the US dollar on Wednesday after a sharp rally in the previous trading session following […]
The rupee rose the most in seven years and Indian stock prices posted their biggest gain in nine months after Washington agreed to cut tariffs hurting shipments and foreign inflows as part of a long-awaited trade deal.News of the successful US-India deal saw both the Nifty and Sensex rise as much as 5% intraday. The […]
The US decision to sharply cut tariffs on Indian goods should strengthen the rupee and boost Indian stocks, strategists and fund managers say.US President Donald Trump announced he would cut his 25% tariff on Indian goods to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil during a phone call. Trump is […]
The last time the rupee fell sharply in a single day was on November 21, 2025, when it plunged by 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, pressured by a host of factors including outflows due to FPI sales in Indian stock markets, corporate demand, the impact […]
The last time the rupee fell sharply in a single day was on November 21, 2025, when it plunged by 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, pressured by a host of factors including outflows due to FPI sales in Indian stock markets, corporate demand, the impact […]
