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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.
Throughout May, the rupee has moved in a wider range of 83.77 to 85.84, and now appears to have stabilised within an 85 to 86 band, a currency trader at a bank said.
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 ...
As 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%.
By 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 ...
Rupee closes at 85.71 against US dollar, its worst day since February 2023, after hitting a low of 85.7625 during session For a better experience, Read this story in our App SENSEX 81,330.56 ...
Modi’s Push to Take Indian Rupee Global Gets Off to a Slow Start Rupee struggles to make inroads in global FX transactions Internationalisation is a process, not a target: RBI’s Das ...
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 ...
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 ...
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 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 ...