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...
indian rupee
Rupee headed higher on softer oil prices, possible inflows
Brent crude, which jumped to USD 90.75 on Friday, cooled to near USD 86.50 after Israel and Iran pla...
Rupee to see muted reaction to US inflation flare-up
The dollar/rupee pair "is now in a phase" where dips to 83.20-83.25 will find buyers, while 83.40 wi...
Rupee declines on weakness in Asian peers, foreign banks' dollar buys
"Despite external pressures, the rupee is expected to maintain its resilience ... (and) may graduall...
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 to rise on Asia rally heading into US jobs report
"You could very well have it that dip (on dollar/rupee at open) will not run. Today will be a good d...
Rupee unlikely to benefit from softer US payrolls, upbeat risk
"Maybe at least the constant buying pressure (on USD/INR) over the last number of sessions will redu...
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 helped by dip in US yields, while election uncertainty weighs
While too much should not be read into one round of data, the incoming data will be watched very clo...
Rupee closes little changed, logs slight weekly decline
Traders are also "pre-empting the RBI's action and selling above 83.50 (on USD/INR), while buying at...
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 in a tight band tracking subdued Asian peers
Foreign investors have sold USD 2.2 billion of Indian equities in May so far, the strongest monthly ...
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 strengthens to highest in a fortnight, logs weekly rise
The dollar index rose 0.2% to 104.75, while Asian currencies slipped, with the Korean won down 0.5% ...
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...
