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Rupee's RBI-defense line at risk as US yields rise, Asian peers weaken
Rising US yields and weaker Asian currencies threaten the Indian rupee's stability, with potential RBI intervention looming.
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thehindubusinessline.com
Rupee's RBI-defense line at risk as US yields rise, Asian peers weaken
Rising US yields and weaker Asian currencies threaten the Indian rupee's stability, with potential RBI intervention looming.
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economictimes.indiatimes.com
Rupee bounce fizzles as RBI intervention thins, arbitrage flows pick up
The Indian rupee reversed early gains on Thursday, succumbing to dollar demand from arbitrage trades as central bank intervention eased. After touching a high of 94.9375, the…
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Cheaper oil, RBI support fail to lift rupee amid dollar demand
The Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign banks, oil firms, and investor outflows…
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Rupee clings to modest gains hemmed in by softer dollar, corporate hedging
The Indian rupee saw a slight gain on Friday, though it's set for a weekly dip. Despite a weaker dollar and positive Asian currency movements, corporate demand and hedging…