The rupee closed at 94.99 per dollar, almost unchanged from its close at 95.00 on Friday.

The rupee closed at 94.99 per dollar, almost unchanged from its close at 95.00 on Friday.

The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are now focused on upcoming US non-farm…

The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interventions across FX market segments…

Despite the interventions, traders reckon the pressure on the rupee will persist in the near term as capital flows remain weak and uncertainty over the Middle East conflict…

Rupee consolidates at 95.27, aided by falling crude prices and strong domestic data, despite ongoing foreign outflows.