Latest Updates Around The World
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 […]
Trump’s threat of a 25 percent tariff on countries doing business with Iran is potentially negative for the local currency, as Iran is India’s top rice export destination. | Photo credit: Getty Images The dollar, which had been recovering since Christmas 2025, hit a roadblock on Monday. In the US, federal prosecutors have opened a […]
The selling comes as the rupee tested a series of lows against the dollar this month, eroding returns for foreigners. Indian government bonds eligible for inclusion in global indexes are on track for record monthly outflows as a weaker rupee and signs the central bank is nearing the end of its rate-cutting cycle weigh on […]
Nifty broke its four-session losing streak on Friday but still ended the week with a decline of 0.3%. Trading activity in major global markets is expected to remain subdued due to the extended Christmas holidays, even though Indian markets will be closed for just one day on Thursday, December 25. However, when domestic markets resume […]
A customer holds Indian hundred rupee notes at a roadside exchange office in New Delhi | Photo credit: The US Fed’s dual move of cutting interest rates and announcing that it will buy US government bonds could attract FPI investments into the Indian debt and equity markets and have a positive impact on the rupee, […]
The Indian currency closed around 52 paise lower compared to the previous close of 89.9650 per US dollar. On Thursday, the INR surpassed the previous week’s record low of 90.43 per dollar The rupee closed at a record low of 90.4825 per US dollar on Thursday, weighed down by India’s delay in finalizing a tariff […]
In the current calendar year so far, the rupee has weakened about 5 percent or 426 paise against the dollar | Photo credit: LeoWolfert RBI’s plan to hold a $5 billion dollar/rupee buy/sell auction on December 16 for a three-year terme is aimed at increasing firepower to intervene in the spot market without depleting foreign […]
Indian currency again falls past the 90 mark against the dollar | Photo credit: ALLEN EGENUSE J The latest cut in repo rate, RBI’s recent announcement that it will implement a three-year USD/INR buy/sell swap, continued FPI-related outflows from equity markets and continued uncertainty over a rate deal with the US weighed on the rupee […]
According to Governor Sanjay Malhotra, the RBI’s policy has always been to allow the market to determine the value of the rupee and not focus on any price level or band. The above observation comes against the backdrop of the rupee breaching the 90 mark against the dollar a few days ago. “We believe that […]
The recovery was aided by US dollar weakness in global markets and reported intervention by the RBI The rupee opened above 90 against the dollar level for the first time on Thursday, but recovered to close below this level. The Indian unit opened at 90.3650 per US dollar (USD) and touched an intraday high/low of […]
