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Fed, oil risks to keep rupee under pressure; 93 unlikely: ET Poll
The Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar. Subsequently, it is expected to weaken to below 95 by year-end. This outlook contrasts with earlier predictions of significant strengthening. Persistent dollar demand and global risks will likely limit gains.
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economictimes.indiatimes.com
Timeline cronologica
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Rupee edges up as oil prices dip
The Indian rupee saw a modest appreciation on Thursday. This gain was driven by dollar sales from state-run banks. Easing crude oil prices also contributed to the rupee's…
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Rupee little changed as traders tread gingerly with eye on oil, dollar
The Indian rupee traded narrowly on Friday, supported by a softer dollar and stable oil prices. Asian currencies and regional stocks saw gains as Fed rate hike expectations eased.…
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Fed, oil risks to keep rupee under pressure; 93 unlikely: ET Poll
The Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar. Subsequently, it is expected to weaken…
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Rupee slides past 96/USD to one-month low as oil climbs; RBI likely intervenes
On Tuesday, the Indian rupee fell to its lowest level in over a month, influenced by soaring oil prices and ongoing tensions in the Middle East. The Reserve Bank of India likely…
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Rupee edges higher; options market gauge turns most bearish in over a month
The Indian rupee strengthened modestly on Wednesday against the U.S. dollar. Easing U.S. Federal Reserve rate hike bets supported the rupee's upward movement. Elevated oil prices…