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Rupee finds some footing on dollar offers from state-run, foreign banks
The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders suspecting central bank intervention. The rupee faces ongoing pressure from a widening trade deficit, subdued capital inflows, and rising oil prices.
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economictimes.indiatimes.com
Rupee finds some footing on dollar offers from state-run, foreign banks
The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders…
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thehindubusinessline.com
Rupee hits fresh record low of 96.61 against Dollar amid crude, trade deficit pressures
Jateen Trivedi said that market participants continue to prefer dollar buying and rupee selling as a hedge against ongoing volatility, projecting a near-term trading range of…
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thehindu.com
Rupee recovers 41 paise from its all-time closing low to 96.45 per U.S. dollar in early trade
Rupee recovers 41 paise to 96.45 per U.S. dollar amid geopolitical tensions and fluctuating oil prices in early trade.
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Rupee shored up by firm central bank intervention, but oil risks linger
The Indian rupee strengthened on Thursday, marking its first gain in two weeks, following aggressive intervention by the central bank through dollar sales. A media report…
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timesofindia.indiatimes.com
Rupee rebounds after RBI support, how long will the recovery momentum last?
The rupee ended higher on Thursday snapping a two-week losing streak after strong intervention by the Reserve Bank of India (RBI) helped support the domestic currency, though…
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Rupee recovers 49 paise from all-time low to settle at 96.37 against U.S. dollar
The rupee gains 49 paise, settling at 96.37 against the dollar, amid easing oil prices and geopolitical tensions.