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Rupee, Fed
Rupee faces challenge as US dollar surges after Fed's large rate cut
The Indian rupee's recovery on Thursday will have to contend with a broadly higher U.S. dollar despite the Federal Reserve delivering a 50-basis-point rate cut. The 1-month dollar/rupee non-deliverable forward (NDF) declined to 83.
Rupee gains for third straight session, rises 9 paise to 83.56 against US dollar
Falling crude oil prices provided support to the Indian currency, though it was partially weighed down by foreign fund outflows, according to forex traders. At the interbank foreign exchange market, the rupee opened at 83.
INR strengthens to 2-month high after Fed's 50 bps rate cut
The Indian rupee strengthened by 10 paise to hit a two-month high level of 83.66 against the US dollar on Thursday after the US Federal Reserve cut the benchmark interest rate by 0.50 per cent, boosting investors' sentiment.
Rupee rises to two-month peak boosted by yuan rally, likely inflows
The Indian rupee hit a two-month high on Thursday, aided by likely portfolio inflows and a rally in the Chinese yuan after the Federal Reserve delivered a 50 basis points interest rate cut. The rupee ended at 83.
Rupee Rises to 2-Month High at 83.66 vs US Dollar
The Indian Rupee strengthened by 10 paise to hit a two-month high of 83.66 against the US dollar on Thursday, driven by the Fed''s rate cut and strong domestic equities.
1d
Indian rupee strengthens above 83.50/USD for first time in over two months
The Indian rupee rallied on Friday to climb above 83.50 per U.S. dollar for the first time since late July, boosted by dollar ...
1d
India’s Das Tames Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
Zee Business
1d
Rupee vs Dollar: Domestic currency rises 10 paise to settle at 83.66 against US dollar
The
rupee
is expected to trade with a slight positive bias on firm ... Meanwhile, the dollar index, which gauges the ...
4d
Rupee expected to remain steady ahead of Fed decision
The Indian rupee is expected to open nearly flat on Tuesday, with traders expecting the currency to see largely rangebound ...
Daily Times
21h
Rupee gains 8 paisa against dollar
Pakistani rupee on Friday appreciated by 8 paisa against the US dollar in the interbank trading and closed at Rs 277.83 ...
FXStreet
1d
USD/INR faces some selling pressure as likely inflows boost Indian Rupee
Ultimately it indicates an increase in money supply which reduces the
Rupee
’s overall value. Yet if it rises above the Reserve Bank of India’s (RBI) 4% target, the RBI will raise interest rates to ...
1d
Rare balancing act: How RBI chief Shaktikanta Das tamed volatile rupee with $689 billion in reserves
RBI Governor Shaktikanta Das has achieved a balance between stabilising the rupee and letting it weaken to support India's ...
1d
Shaktikanta Das tames volatile Rupee with $689 billion in forex reserves
Clamping down on volatility and building up a stockpile of foreign exchange holdings to safeguard the economy in the event of ...
bolnews
22h
US dollar rate in Pakistan on Sept 20 down by 0.8 paisa to Rs278.04
US dollar rate in Pakistan further down by Re0.8 (08 paisa) against Pakistani rupee to Rs278.04 in the interbank market on ...
2d
Fed Outsized Rate Cut Draws Muted Reaction, but Calm May Not Last
One reason for the muted market reaction on a close-to-close basis has to do with how asset prices moved in the days leading ...
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