The Indian rupee and stock markets are set for further weakness as a slowing domestic economy and an unfavourable external environment weigh on investor sentiment.
The currency had risen to a near-two-week high of 86.47 earlier in the day but could not maintain its strength. The heightened demand for dollars at the daily reference rate set by the central bank ...
The Indian rupee gave up initial gains to settle marginally weaker on Wednesday, as hedging interest from importers and the ...
The RBI's willingness to accept a larger scale of currency depreciation aligns with its looser policy approach and increased ...
Indian Rupee depreciated 3.60% since September 2024, which was lower compared to the Japanese Yen (-6.49%), Canadian Dollar ( ...
The Indian rupee appreciated 27 paise to 86.52 against the US dollar on Wednesday, driven by easing crude oil prices and ...
USD/INR last at 86.69. DBS expects USD/INR to rise to 88.8 by mid-2025 on the dollar’s haven status from Trump tariffs and the Fed delaying rate cuts to 2H.
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