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Non-deliverable forwards indicate the rupee will open at around 81.93-81.96 to the U.S. dollar, compared with its spot close of 82.1750 in the previous session.
The rupee jumped out of the blocks to touch its year-to-date high of 84.95 per U.S. dollar before swinging to its day's low of 85.3875. It ended down 0.3% at 85.2625.
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Rupee to gain modestly, lag most Asian peers despite strong GDP growth: Reuters poll - MSNAs of Wednesday, the rupee was down roughly 0.3% for the year against the greenback, while regional peers such as the Korean won, Thai baht, Malaysian ringgit and Philippine peso all gained over 4%.
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Rupee to drop on potential equity outflows, test key support - MSNBy Nimesh Vora MUMBAI (Reuters) -The Indian rupee is likely to open weaker on Wednesday, weighed down by equity outflows and corporate dollar demand for hedging and payment needs. The 1-month non ...
Top Wall Street bank pitches options play to ride potential Indian rupee rally to 83 - Yahoo Finance
MUMBAI (Reuters) -Goldman Sachs' sales and trading desk is recommending an options play on the Indian rupee that will pay off if the South Asian currency rallies to 83 per U.S. dollar over the ...
The Sri Lankan rupee has turned into Asia’s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and ...
The rupee’s one-month implied volatility versus the dollar crashed to its lowest since 2005 in June, drawing queries from investors on roadshows of Citigroup Inc. and ICICI Securities Primary ...
The Indian rupee's current rate of INR23.40 per dirham presents a favorable opportunity for remittances. However, given the potential for market volatility, a cautious approach—such as splitting ...
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
MUMBAI: The rupee fell to a record low of 84.73 against the dollar on Monday, weakening 0.2% for its worst single-day decline since June 4. It touched an intraday low of 84.73 before closing at 84 ...
But Ballard’s Rupee Bar just received the 2020 James Beard Foundation Award for Restaurant Design (small-size division, for places under 75 seats).
The rupee has depreciated by 0.86% — or Rs2.43/USD — during the first eight months of FY24-25, according to State Bank of Pakistan data. The local currency was trading at Rs280.77/USD on ...
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