Latest Updates Around The World
The Indian rupee finished almost flat on Wednesday as demand for the dollar, fueled by expiring contracts in the non-deliverable futures market, blunted the positive boost from modest inflows and gains among Asian peers.Despite expectations of increased dollar demand linked to NDF maturities this week, willingness to bet against the currency has also dulled on […]
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 rupee fell to an all-time low of 89.79/$1 intraday before being pulled out of the depths following reported central bank interventions, but still recorded an all-time low of 89.55/$1 as unwinding of short positions by the Reserve Bank of India (RBI) had led to stop losses in the market in the morning, traders said.The […]
Bundles of 500 rupees banknotes at a currency fair in New Delhi Mumbai The rupee broke a four -day winning series on Thursday and concluded an about 31 Paise weaker, while the dollar strengthened after the American Fed resumed its tariff cutting cycle with a reduction of 25 basic points. The Indian currency (INR) terminated […]
Mumbai: The Indian rupid fell to a low point against the US dollar on Thursday, in a slide that reflects the increasing tribe of American rates on the third largest economy in Asia. The decline of the currency underlines that the US rate on India, which was kicked in India last month, sculpts the trust […]
