Indian rupee is now aiming to be world’s alternate reserve currency

Currently, India is the fastest growing major developing economy in the world. The Indian Rupee (INR...

Rupee logs sharpest daily decline in over 2 weeks on month-end dollar demand

The rupee is likely to trade in the 83.25-83.75 range in the near term with the magnitude of debt an...

Rupee counts on support from central bank before Fed policy decision

The RBI will "in all likelihood" not want the rupee to slip below the all-time low of 83.5750, a tra...

Rupee ends little changed; forward premiums inch up

Meanwhile, dollar-rupee forward premiums inched up on Wednesday with the 1-year implied yield up 2 b...

Rupee dips on weak Asia, more equity losses

The rupee's volatility remained low despite the foreign outflows, possibly due to intervention by th...

Rupee to focus on recovery in dollar index, flows

The dollar index and U.S. yields were higher, in a reversal from the moves after the U.S. inflation ...

Rupee to run into dollar strength after unexpected rally

Asian currencies declined on Tuesday with the offshore Chinese yuan dipping to near 7.25 to the doll...

Rupee inches up alongside equities, eyes exit polls

"Today, the initial downside momentum has been probably fuelled by inflows," he said, referring to t...

Rupee pressed by equity outflows, supported by soft dollar

The 1-month non-deliverable forwards indicate rupee will open nearly flat from 83.37 in the previous...

Rupee declines tracking Asian peers, forward premiums drop

The dollar index was up 0.2% at 105.3, adding to Friday's gains, while the Korean won led losses in ...

Rupee ends stronger on likely inflows, state-run banks' dollar sales

While foreign investors have been net sellers of Indian equities in June and the year so far, they h...

Rupee to see mild relief after dollar plumbs to near 4-month low

The rupee, however, is "facing a lot of stress right now on account of dollar payments for various p...

Rupee ends at record low, logs fourth consecutive weekly decline

Given the recent a price action, a "buy on dips" bias is likely to persist on the dollar-rupee pair,...

Rupee poised for all-time low on risk aversion spurred by US growth worries

"The soft-landing narrative (is now) in question ... (and) the data raises the question of whether t...

Rupee to hold near 84/USD amid tepid risk; cenbank policy in focus

The trader added that the RBI will "be of interest" to the rupee forwards market and not much to the...

Narrowing odds of 50 bps Fed rate cut weigh on rupee, RBI supports

If it wasn't for the RBI's intervention, "we would be at least" at 84.50, a currency trader at a ban...