Forex traders said the rupee is trading in a narrow range as losses in the greenback supported the rupee, while weak domestic equities weighed on the local unit.

Motilal Oswal Financial Services expects the rupee (Spot) to quote in the range of 75.20 and 76.20.

Since the end of March, the greenback, seen as a safe-haven trade, has retreated steadily with optimism about the recovery. But lately that move down seems to have slowed as traders begin to antici...

The rupee depreciated by 11 paise to 82.76 against the US dollar in early trade on Thursday amid negative trends in the domestic as well as global equity markets and continued outflow of foreign...

Forex traders said stimulus measures announced by the RBI and FPIs turning net buyers in capital markets boosted investor sentiment.

Buy-sell swap trades have ensured that systemic rupee liquidity, which would otherwise have shrunk as a fallout of spot-market dollar selling, remains adequate through the festive period.

The rupee plunged to a new lifetime low of 82.43 a dollar Friday. It lost more than half a percentage point to close at 82.33, the unit's lowest ever closing level, Bloomberg data compiled by ETIG...

The greenback's rally gathered momentum in recent weeks as upbeat economic data led to mounting expectations that the U.S. Federal Reserve will have to raise interest rates more than initially...

Sometimes players become overly defensive by just playing between the wickets and not smashing boundaries. These players end up scoring the bare minimum, while those who take calculated risks and hit...

The rupee on Friday settled at 74.89/$1 as against 74.8600 per US dollar on Thursday. The partially convertible rupee had started the day at 74.81/$1 and then moved in a range of 74.69/$1 to 74.94/$1.

The broader market was upbeat, as Nifty Midcap and Nifty Smallcap indices gained 1% each.

Crypto exchanges like CoinSwitch Kuber have been key in supporting the government and helping investors join the bandwagon by self-regulating and obliging a thorough KYC check for all their investors.

The yen, which investors typically snap up as a safe haven in times of financial market stress, fell nearly 10% against the dollar this month, as pandemic fears spurred a stampede into the refuge of...

The rupee was at 82.85 per dollar on Tuesday, having dropped 11.5% so far in 2022, on course to log its worst yearly decline since 2013

Traders said seasonal corporate dollar demand to settle their overseas payments was heavy on Monday and pressured the yuan, but such impact would be short-lived.

Cryptocurrencies derive much of their value from the underlying project it is attached to. Most cryptocurrencies are associated with a project on the blockchain network trying to solve real-world...

The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency.

Reserves rose by $2.34 billion during the week under review.

The noise about a correction in the global equity market has become louder post the indication about a move towards policy normalisation by the FOMC in its last monetary policy meeting. In addition,...

So, over the short to medium term, the Indian rupee is about to follow its own financial alphabetical order. For now, lets keep the first alphabet A aside, and check out the next in the orders.

Rupee opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day.

The dollar fell more than 1 percent on Wednesday following a cooler-than-expected inflation report for July that raised expectations of a less aggressive rate hike cycle than previously anticipated...

Abundant liquidity in the global financial system has led to persistent dollar inflows into Indian assets for the last few months.

The greenback was 0.43% higher at 126.40 yen after earlier reaching 126.56 for the first time since May 2002. The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a...

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.17 per cent to 90.66.

Rupee finally settled at 71.74, lower by 12 paise against its previous close.

Safety of its forex asset is the prime reason that central banks park foreign exchange assets in the form of gold.

The rupee on Friday hit a fresh record low of 74.48 against the US dollar following sharp sell-off in domestic equities

Against a basket of six major currencies, the greenback stood at 92.7200, on track to close out the week with a gain of about 0.7%.

At the interbank foreign exchange market, the local currency opened at 71.25.

​This week, the rupee may take opening cues from movement in the dollar index as well as developments over fiscal stimulus in the US.

The rupee had settled for the day at 71.02 against the US dollar on Friday.

It is clearly evident that the inherent nature of the Indian Rupee has been to depreciate against the dollar with intermittent corrections and will continue to be so. The major reason for this is the...

The futures leg of the contract expires automatically at the RBI reference rate, but the OTC leg needs to closed by buying or selling dollars.The premium that traders were willing to pay to buy...

The dollar index, which measures the currency against a basket of peers, was flat at 104.7, but was still set for a February gain of 2.5%, its first monthly increase since September

Those interest rate increases are pumping up the value of the dollar - the go-to currency for much of the world's trade and transactions - and causing economic turmoil in both rich and poor nations....

The RBI's monetary policy committee raised the repo rate to 5.90%, its fourth hike in the current cycle, as India's annual inflation rate came above the central bank's target band for the eighth...

The U.S. dollar index, which measures the currency against a basket of its peers including the euro, was flat at 101.88, having hit an eight-month low of 101.50 last week.

Global benchmark Brent crude oil futures rose 0.35 per cent to $60.12 per barrel.

Rupee has hit a record low for the 5th straight day & is now at 79.96 against the US Dollar. Mirror Now's Avni Raja brings in more details.

The token is mired in its longest losing streak since December. The wider Bloomberg Galaxy Crypto Index is also struggling.

The newfound stability of the currency could be a sign of the economy getting stronger and more balanced. Our external sector is now much stronger than before and is able to take shock of sudden oil...

Sterling fell as much as 1% to $1.1406, a level last seen in 1985, when Margaret Thatcher was prime minister. Much like then, the economic outlook is challenging. Britain is grappling with the dual...

The dollar index, which gauges the greenback's strength against a basket of six currencies, inched up 0.02 per cent to 90.38.

This is the second consecutive session of fall for the domestic unit during which it has depreciated by 113 paise.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.01 per cent to 91.66.

select banks in India can offer forex rates to Indian clients beyond the inter-bank market hours

The rupee on Friday surged against the US dollar following some selling in American currency by banks and exporters.

The rupee fell against the US dollar after the Federal Reserve cut interest rates to near zero per cent in an emergency move amid the economic impact of the coronavirus outbreak.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 91.05.

Rupee may strengthen to 67 per dollar by end-June, a level last seen in the same month last year, said Qi Gao.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 101.70.

Amid a surge in US bond yields and the US dollar index, the rupee on Monday opened 0.68% lower to hit a fresh record low of 81.55 against the greenback. Following last week's announcement by the UK...

US Fed decided to cut rates by 25 basis points to help sustain a record-long economic expansion.

London has overtaken Mumbai to become the top center for trading the rupee

By comparison, the offshore Chinese yuan dropped 0.4% on Wednesday, slipping to near 6.9950 to the dollar. The Korean won declined 0.6% and the Indonesian rupiah dropped 0.2%."For the rupee, the move...

Emerging-market assets are rallying as the worlds two-biggest economies edge toward a deal.

Futures are now pricing in a 1-in-3 chance that the Fed will raise rates by 100 bps next week. Prior to the inflation data, the debate among market participants was whether the Fed will deliver a 50...

RBI said banks may charge their retail customers a pre-agreed flat fee towards administrative expenses.

The rupee lost about 0.60 per cent against the dollar in the first three trading sessions of 2020.

Rupee opened at 69.58 at the interbank forex market, unchanged from its previous closing level.

The dollar index, which measures the value of the US greenback against a basket of other foreign currencies, gained 14 percent so far this year. This was primarily due to the aggressive rate hike...

The rupee gained over 10 paise on Monday buoyed by RBIs interest rate cut as well as lower oil price providing tailwinds.

Indian currency has appreciated by 67 paise in the last three trading sessions.

​​At the interbank foreign exchange market, the rupee opened strong at 76.08 against the American currency but could not hold the momentum and entered negative territory during the session.

"Rupee continued to trade in a narrow range and volatility remained low despite gains in domestic equities. Dollar retraced against its major crosses after core PCE index number came in line with...

For the coming week, a muted start can be expected in USDINR and it is likely to move in the range of 73.30 – 74.20 levels with an upward bias. Last but not least expect the USD-INR pair to embrace...

The euro slipped 0.8% to $0.97510, its lowest level since October 2020, after S&P Global's flash euro zone Composite Purchasing Managers' Index (PMI), seen as a good gauge of overall economic health,...

At the interbank forex market, the domestic unit opened weak at 72.51 against the US dollar. During the session, it swung between a high of 72.51 and a low of 72.69.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.19 per cent higher at 102.27.

The rupee depreciated 8 paise to a record low of 77.82 against the US dollar in opening trade on Friday, tracking the strength of the greenback in the overseas market.