The rupee’s biggest rally in seven years will give Reserve Bank of India scope to rebuild its forex reserves, potentially limiting further gains after the boost from the India-US trade deal, according to some analysts. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest […]
The Indian Rupee slipped to an all-time low against the US Dollar today as risk-aversion linked to the Greenland dispute compounded existing pressures on the currency. The rupee slipped past its previous record low of 91.0750/dollar at open, falling about 0.24% to 91.19 on the day. The rupee is the weakest currency in Asia, versus […]
India’s stock market logged their steepest one‑day fall in over four months on Thursday, dragged by heavyweight Reliance Industries Ltd., as uncertainty over US tariffs spurred broad selling. The Bombay Stock Echange building on Dalal Street in South Mumbai. (PTI) The 30-share S&P BSE Sensex fell 0.92%, or 780.18 points, to 84,180.96, even as the […]
Deutsche Bank AG clinched the top slot arranging dollar bonds for Indian borrowers for the first time since 2007, taking over from Standard Chartered Bank as foreign currency debt issuance slowed. Deutsche Bank’s ascent came as Indian firms scaled back sales of foreign debt. (Reuters) The bank helped raise dollar bonds for a group of […]
Indian bonds rallied the most in four months on Wednesday after the central bank announced fresh measures to boost banking-system liquidity, including government bond purchases and a foreign-exchange swap. The liquidity infusion is expected to offset cash drain from the RBI’s dollar sales to support the rupee, Asia’s worst-performing currency this year. (Mint) The Reserve […]
The Indian Rupee continued to strengthen against the US Dollar on Monday, supported by foreign buying in the world’s fifth largest stock market. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters) What’s the rupee rate today? The rupee […]
The Indian Rupee slipped to an all-time low for the fourth consecutive session on Tuesday, as an India-US trade deal remained elusive. The rupee slipped to an all-time low of 90.82, eclipsing its previous record low of 90.7875 hit on Monday. (Reuters) The rupee slipped to an all-time low of 90.82, eclipsing its previous record […]
The Indian rupee’s slide to repeated record lows against the US dollar is finally starting to pinch the equity outlook, with analysts warning that prolonged weakness could undermine confidence in the nascent recovery of the $5.2 trillion stock market. The Indian Rupee is Asia’s worst performing currency against the US dollar in 2025. (Reuters) Asia’s […]
The Indian rupee fell to a new record low on Monday against the US dollar as uncertainty continues to surround a India-US trade deal and persistent foreign fund outflows. The rupee is heading towards its sharpest yearly fall since 2022. (AFP) The rupee fell to 90.72 against the US dollar in intraday trade, after opening […]
The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US trade deal while likely portfolio outflows added to the pressure. The rupee weakened to 90.5175 against the US dollar, slipping past its previous all-time low of 90.4675 hit on December […]