India Rupee Higher As Dollar Slides, BJP Wins State Elections
The Indian rupee rose against the dollar tracking gains in most other Asian currencies, as U.S. President Donald Trump’s threats to impose trade tariffs hurt the Dollar.
Continue ReadingThe Indian rupee rose against the dollar tracking gains in most other Asian currencies, as U.S. President Donald Trump’s threats to impose trade tariffs hurt the Dollar.
Continue ReadingThe rupee settled at 65.17 against 65.18 at the previous close. The local unit moved in 65.10-65.25 per dollar band intra-day.
Continue ReadingThe dollar held firm on Thursday, drawing support after the Federal Reserve's new chief Jerome Powell struck an optimistic tone on the U.S. economy in a boost to rate hawks that sent global stocks tumbling.
Continue ReadingThe Indian rupee posted its first monthly decline in five months against the dollar, tracking a corresponding rise in the dollar index amid further bets of faster pace of rate increases from the U.S. Federal Reserve this year.
Continue ReadingThe Indian rupee little changed at 65.12 pair now at 65.09 against 64.87 previous close.
Continue ReadingThe Indian rupee fell to a near eight-week low against the dollar in early session, as another equity sell-off following an upbeat U.S. economic data drove yields higher and boosted Dollar demand. Risk-off sentiment in the global markets weighed on the rupee, even as lower crude oil prices gave some relief to the local currency. A U.K.-based lender sold dollars in early trade, likely on behalf of a corporate client along with a large private lender.
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