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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 activities are capping the rupee's rise. Analysts suggest the Federal Reserve's reduced urgency for rate hikes offers some comfort. Meanwhile, foreign investors are boosting Indian bond purchases ahead of index inclusion, while equities followed regional trends.
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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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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…
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Rupee closes at 95.21 vs USD, falls on-week as merchant, NDF-linked flows blunt dollar retreat
The Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to overwhelming dollar demand driven by various market activities. Despite a…
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thehindubusinessline.com
Rupee falls on-week as merchant, NDF-linked flows blunt dollar retreat
The rupee fell nearly 1% this week, pressured by dollar demand and merchant flows, closing at 95.21 per dollar.
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Rupee ends losing run on whiff of FPI flows into stocks
The Indian rupee strengthened on Friday, ending its four-day decline to close at 94.21 against the dollar. This recovery was fueled by modest foreign investment in local stocks…