The forex stockpile fell by $11.68 billion in the week of March 6, according to Reserve Bank of India data released Friday
The rupee weakened to 92.4750 per dollar, eclipsing its previous all-time low of 92.3575 hit on Thursday. It closed at 92.4550, down 0.7% on the week
At the heart of the offer is Russia’s return to the dollar settlement system, a move which would mean a stunning reversal of Kremlin policy and, potentially, a dramatic shake up for global finance.
The rupee rallied at the open to 90.4550 per dollar after settling at 90.70 in the previous session
The dollar is in deliberate retreat, central banks are hoarding gold, and the post-war monetary order is shifting. New Delhi has a narrow window to turn upheaval into advantage, and it can move faster now
The benchmark Indian bond yield rose on February 9 to trade at 6.75%. State bond sales are now eyed by traders.
The rupee opened 10 paisa higher on February 9 after sentiment turned positive post the US-India trade deal
The Indian currency was trading lower on February 4, with traders staying on the sidelines ahead of the MPC review
The local currency traded higher on February 3, after a late-night US trade deal spurred investor optimism
Budget measures to enhance FPI inflows, RBI selling US dollar seen propping up the rupee
This possibly removes certain key impediments for European firms to access Indian financial markets.
The domestic currency has weakened by 202 paise, or over 2 percent, so far this month. In 2025, it had declined 5 percent amid sustained foreign fund outflows and a strong US dollar
The 1-month non-deliverable forward indicated the rupee will open in the 90.22-90.28 range versus the U.S. dollar, having dropped 0.16% on Friday to settle at 90.1625.
Traders ratcheted up their bets against the US currency heading into the new year, wagering it would be dragged down again as the Federal Reserve cuts interest rates, giving global investors incentive to shift cash to places where payouts are higher.
In the last three days, Indian rupee has appreciated 1.04 percent against the US dollar, according to the Bloomberg data.
Asia’s worst-performing currency this year is emerging as a near-term threat to a rebound in Indian stocks, despite strong economic growth and a revival in corporate earnings.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front
The 1-month non-deliverable forward indicated the rupee will open in the 90.46-90.52 range versus the U.S. dollar, having settled at 90.4150 on Friday.
The implied yield on the 1-year dollar/rupee forward premium climbed 16 basis points to 2.64%, taking the total rise to over 30 bps in three sessions
The rupee, down 5.5% on year, is Asia's worst performing currency
The rupee hit a fresh record low in early trading Thursday, extending its break below the closely watched 90-per-dollar level
The Opposition has launched a blistering attack against the government over the rupee falling to historic low
Nageswaran said he is not 'losing sleep' over the weakening of the domestic currency as long as it is not hurting exports
The veteran banker blamed foreign institutions selling Indian equities and said for now they 'seem smarter' as local investors continue their buying spree
Exporters and importers are responding differently but both sides are accelerating hedge coverage, hedging their exposure using structured products and preferring shorter tenor hedges until policy and geopolitical backdrop stabilises