Rupee reaches a two-and-a-half month high at 94.30 per USD, driven by strong FCNR(B) deposit inflows.

The currency ended at 94.9500, up 0.2% from the previous close, notching its third consecutive daily rise.

The Indian rupee surged to a two-month peak against the U.S. dollar, buoyed by decisive central bank interventions and dollars flowing in from foreign banks. Positive domestic…

On Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and central bank interventions via nationalized…

Expected to open at 94.30-94.35 vs dollar; FCNR inflows far exceed $100 billion priced in by markets

Rupee strengthens to 94.30 per USD as $127.2 billion inflows bolster liquidity from FCNR(B) deposits.

India's rupee has seen a remarkable increase following a significant capital boost from the Reserve Bank of India, which successfully raised over 136 billion dollars through its…

Thursday marked the fifth consecutive day of appreciation for the Indian rupee, which increased by fourteen paise, closing at 94.59 against the US dollar. This positive shift was…

Rupee reaches a two-and-a-half month high at 94.30 per USD, driven by strong FCNR(B) deposit inflows.