Money Control
The Indian rupee slipped to a record low on Tuesday, weighed by the rise in U.S. Treasury yields and on simmering worries over tensions in the Middle
The rupee slipped to a lifetime low of 83.5350 to the U.S. dollar near the open before inching up to 83.4875 at 10:24 a.m. IST. The local currency had
Non-deliverable forwards indicate rupee will open 83.52-83.54 to the U.S. dollar compared with 83.45 in the previous session.
The rupee was at 83.4350 to the U.S. dollar at 10:46 a.m. IST compared with 83.4125 in the previous session. The domestic currency has traded in a 2 p
Over the weekend, Iran#39;s first direct attack on Israel fueled fears of a wider conflict. Israeli Prime Minister Benjamin Netanyahu vowed on Sunday
Impact on Indian rupee: Currency experts have warned before that sustained crude price increases may widen the CAD and exert considerable pressure on
ANZ#39;s Nitin Agarwal sees the rupee#39;s move towards record lows to be a temporary phenomenon, if the Chinese yuan stabilises with INR expected to
The local unit fell to a record low of 83.4550 earlier in the session, likely prompting the RBI to intervene
There is a shortage of foreign exchange with India’s major export destinations, including Latin America and Africa.
The considerable volatility in the rupee#39;s exchange-traded derivatives, particularly options, on Wednesday persisted on Thursday as brokers asked c
While most emerging market currencies have weakened against the dollar so far this year, the rupee has traded in a tight range of 82.64/$-83.45/$ and
Most Asian currencies fell with the Thai baht down 0.3% and leading losses, while the offshore Chinese yuan also weakened 0.1% to 7.26.
ICICI Direct, Rupee appreciated to 83.30 on Tuesday amid fresh bout of intervention from RBI and stronger Asian currencies.
The rupee had earlier recorded its lowest closing level of 83.40 on December 13, 2023. According to Anuj Choudhary, Research Analyst, Sharekhan by BNP
ICICI Direct, Pound lost almost 1% after BOE kept its benchmark rates on hold as expected. It fell after all the members voted for no hike in interest
Though the US dollar is trading on a higher note, it has retreated from its elevated level of 104 after the Federal Open Market Committee (FOMC) kept
ICICI Direct, Pound also traded lower amid strong dollar. The pair is expected to find support near 1.266 and move towards 1.2740 on expectation of no
ICICI Direct, Pound also traded lower amid strong dollar. The pair is expected to find support near 1.266 and move towards 1.2740 on expectation of no
ICICI Direct, Pound also traded lower amid strong dollar. The pair is expected to find support near 1.266 and move towards 1.2740 on expectation of no
ICICI Direct, Pound also traded lower amid strong dollar. The pair is expected to find support near 1.266 and move towards 1.2740 on expectation of no