The rupee falls to a three-week low against a stronger dollar amid maturing NDF contracts and increased merchant demand.
The Indian rupee slipped to a
three-week low on Monday as a broadly upbeat dollar pinched
Asian currencies, with maturing contracts in the non-deliverable
forward also adding to the pressure on the local unit.The rupee closed at 95.3950 per dollar, down 0.2 per cent
on the day. It had touched an intraday low of 95.4750, its
Rupee closes at 95.21 vs USD, falls on-week as merchant, NDF-linked flows blunt dollar retreat
Rupee closes at 94.96 vs USD, logs best day in three weeks on NDF dollar sales, bailing shorts
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumps
Rupee bounce fizzles as RBI intervention thins, arbitrage flows pick up
Cheaper oil, RBI support fail to lift rupee amid dollar demand
Rupee falls 18 paise to close at 95.34 against U.S. dollar
The rupee fell nearly 1% this week, pressured by dollar demand and merchant flows, closing at 95.21 per dollar.
The Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to overwhelming dollar demand…
On Tuesday, the Indian rupee experienced its most significant one-day increase in three weeks, driven by heightened dollar…
The rupee ended at 94.9675 per dollar, up 0.4% from its previous close, after oscillating between modest gains and losses in…
The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central…
The Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely…
