Dollar wallows near 3-year low as Trump's attacks on Fed chief unnerve traders
The U.S. currency sagged close to the decade-low reached the previous day against the Swiss franc, and hovered near a 3-1/2-year trough versus the euro.
India's forex reserves jump $1.56 bn to $677.83 bn
This is the sixth consecutive week of a rise in the kitty
Easing inflation, dollar index help rupee open 16 paise up
The rupee opened at 85.61 against the dollar. It had ended the previous session at 85.77.
Yuan falls to 2007 lows as US tariffs on China kick in
The onshore yuan finished the domestic trading session at 7.3498 per dollar, its weakest close since December 2007.
The decline of an empire
The US dollar, not its merchandise or services, became America’s principal export. After decades of enjoying this benefit, US finds itself confronting multiple challenges, including lack of competitiveness in manufacturing. Some of the present global bloodbath was therefore inevitable. History has amply demonstrated that no change in global world order has ever happened without a major bloodbath
Rupee hits over two-week low hurt by weaker Chinese yuan, importer hedging
The rupee closed at 86.2650 against the U.S. dollar, down 0.5% on the day. The currency hit a low of 86.29 during the session, its lowest since March 21
Rupee's March rally spurs hedging rush by importers, leads to margin bill for few banks
A few of these banks are now facing margin calls due to notional losses on those positions, four bankers said
Rupee gains 11 paise to trade at 85.98 against US dollar amid currency volatility
The market turmoil unleashed by the US reciprocal tariffs has pushed up the rupee's volatility expectations to a near two-year high
Rupee extends rally, trades below 85 as dollar crumbles
This is the first time December 18 that the rupee has traded below 85
Inflows, short unwinding put rupee on course for best month in over 6 years
The local unit has rallied over 2% this month so far, outperforming its major regional peers
Rupee dips on dollar demand spurred by NDF maturities, tepid Asian peers
The local currency was at 85.8575 against the U.S. dollar, as of 11:40 a.m. IST, down about 0.1% after hitting a peak of 85.6950 earlier in the session
Rupee opens near three-month high, erases 2025 losses
The appreciation of rupee was despite the increase in dollar index in last two sessions
Rupee ends near three-month high against dollar after erasing most of its losses for 2025
In 2025, the local currency was down 0.03 percent. The local currency ended at best in over two months and best since January 1, 2025, when it was trading at 85.6488 against the US dollar, according to the Bloomberg data.
Rupee rally, lower hedging costs to spur corporate interest in RBI's FX swap
On Wednesday, the RBI will absorb $10 billion from the market and inject an equivalent amount of rupees in the banking system, with the reversal set to take place after three years.
Rupee logs best week in over two years on the back of dollar inflows, strengthens above 86/$
The Indian rupee has been on the appreciating spree for the last few sessions, on dollar liquidity provided by the Reserve Bank of India (RBI) through USD/INR Buy/Sell swap auction, and regular interventions by central bank, experts have said.
Dollar wobbles as Fed soothes market nerves with rate cut projection
Powell’s comments and the Fed statement underscored the challenge faced by policymakers as they navigate President Donald Trump’s plans to levy duties on imports from U.S. trading partners and the impact on the economy.
Rupee touches three-week high of 86.91 against the US dollar
The dollar index, which measures American currency's value against six major global peers, fell to 103.730 in the early trade, as against 103.718 levels in the previous trading sessions
Oil prices jump; optimism over China's consumption stimulus boosts Asia shares
The week is a busy one with a series of central bank policy meetings, including by the U.S. Federal Reserve. It is widely expected to keep rates on hold when its meeting concludes on Wednesday.
Dollar holds firm, euro drifts as global trade tensions escalate
Sowing more volatility across markets, U.S. President Donald Trump threatened to hit Europe with a 200% tariff on wine, cognac and other alcohol imports.
Forex reserves record biggest weekly gain since 2021
Foreign exchange reserves grew by $15.3 billion to nearly $654 billion in the week to March 7, data released on Thursday showed
Rupee ends higher on foreign banks' dollar sales, positional adjustments
The rupee closed at 86.9975 against the U.S. dollar, up 0.2% on the day. The currency was down 0.1% week-on-week
Dollar bounces on rise in yields as trade war roils markets
U.S. President Donald Trump on Wednesday threatened further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by him.
RBI likely to stand firm on rupee defence amid depreciation concerns
Over the past six months, the rupee has weakened by about 3.5 percent against the dollar, touching 86.88 on March 7, Bloomberg data shows
Sharp reduction in dollar index, oil prices help rupee to open 8 paise higher
On March 5, Indian rupee had appreciated over 30 paise at close and posted its best day in terms of appreciation in over three weeks
