Rupee ends flat; The RBI’s likely presence weakens corporate and interbank dollar bids

The Indian rupee ended little changed on Tuesday as periodic interventions by the Reserve Bank of India slowed the currency’s rate towards the psychologically important level of 91 per dollar.Tepid global risk sentiment and steady demand for hedging from importers have kept the currency lower even after it recovered from near record lows around 92 […]

Rupee vs Dollar: Currency closes lower at 89.98 on first day of 2026; what set the tone – The Times of India

The rupee fell by 10 paise to close at 89.98 against the US dollar on Thursday. This marked a weak start to the first trading session of 2026 as continued foreign fund outflows and subdued domestic stock market weighed on investor sentiment, PTI reported.Forex traders said the USD/INR pair moved within a narrow range during […]

Rupee falls due to outflows; the dollar turnover of state-owned banks is falling

The Indian rupee closed marginally weaker on Wednesday, hurt by portfolio outflows and routine hedging demands from local importers, while periodic dollar sales from state-owned banks cushioned the currency’s fall.The rupee closed at 89.27 against the US dollar, slightly weaker than the previous close of 89.22. Growing expectations of a rate cut by the US […]

The rupee ends flat, sandwiched between firmer bids on the Asian currency and the dollar from importers

The Indian rupee closed almost flat on Tuesday, giving up early gains as demand for dollars from importers offset broader strength in regional currencies at the end of the month.The rupee ended at 89.22 against the US dollar, little changed from the closing rate of 89.23 in the previous session. The currency found its footing […]