Currency

The path to internationalize the rupee is fraught with challenges, according to experts

India Beyond the Dollar: Navigating a shifting currency order

As global reliance on the US dollar declines, India cautiously adapts—balancing local currency trade, reserve diversification, and strategic autonomy to strengthen its financial resilience in an emerging multipolar global economy

Rupee set to open weak amid tensions in West Asia; RBI likely to step In

On June 20, Indian rupee closed at 86.60 a dollar, down 0.2 percent from its Thursday's close of 86.73 a dollar. So far in June, the rupee weakened 1.2 percent while so far in 2025 it has fallen 1.1 percent.

Rupee opens 6 paise down at 85.85 against the dollar ahead of RBI policy

The RBI’s monetary policy committee is expected to reduce the repo rate by 25 bps, which would be the third rate cut in a row

Rupee slips in early trade, opens at 85.8675/USD

On June 4, Indian rupee was under pressure due to dollar demand from oil companies, foreign investors, and importers

Ruchir Sharma: The world’s strongest currency is also super-competitive 

Switzerland’s success shows that a nation can revalue its way to prosperity

Global shift to bypass the dollar is gaining momentum in Asia

Firms are receiving more requests for transactions including hedges that sidestep the dollar and involve currencies such as the yuan, the Hong Kong dollar, the Emirati dirham and the euro

Dollar has been sliding even as US yields rise; What does this mean for Indian stock markets?

Trade deals are being pursued by countries amid tariff uncertainty

The wheels that may spin the Indian Rupee on an appreciation path

The Indian rupee is gaining ground as global investors bet on India’s economic resilience and dollar weakness, but there are risks ahead

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

US dollar pressured by Trump trade war as China NPC begins

The euro pushed to a near four-month peak as German political parties agreed to a 500-billion-euro infrastructure fund. Sterling also stood tall near a three-month high.

‘Trump Trades’ struggle as dollar weakens, defying market expectations

The weakening US dollar and falling US Treasury yields have upended "Trump trades", forcing investors to reassess their strategies amid trade policy uncertainty, The Financial Times reports.

Rupee touches fresh low of 87.55 against US dollar

The local currency open around 6 paise down at 87.5137 against the US dollar and then touch record low of 87.5525 against the US dollar, as compared to 87.4600 at previous close against the greenback.

Rupee set for volatile ride as RBI eases control amid dollar strength: Reuters poll

The RBI's actions in the market since Governor Sanjay Malhotra's surprise appointment in December suggest the central bank is moving away from its previous policy of burning through foreign exchange reserves to stem the rupee's unabated decline.

Dollar slumps to 8-week low vs yen as trade war risk recedes

Japan's currency was also supported by rising expectations for further Bank of Japan interest-rate hikes with a central bank official advocating continued rate hikes, a day after strong wage data.

Rupee opens 5 paise down at 87.12 against US dollar

Asian equities trimmed their gains after Chinese shares opened lower as caution prevailed among investors with trade tensions rising between the world’s two largest economies.

Weaker dollar, dip in US yields of no help to rupee

The 1-month non-deliverable forward indicated that the rupee will open at 87.14-87.16 to the U.S. dollar compared with 87.0675 in the previous session.

Indian rupee opened flat at 86.63 against US dollar

The Economic Survey for 2024-25 will be tabled before both the Houses of Parliament on January 31, the first day of the Budget Session, presenting the Finance Ministry's view on the state of the economy.

Indian rupee open 3 paise down at 86.58 against the US dollar

The US Federal Reserve kept interest rates unchanged at 4.25 percent-4.5 percent in its latest policy decision.

UK market selloff deepens with Pound falling to lowest in year

The pound dropped to a more than one-year low, stocks fell and gilts extended a fourth day of losses on concern the Labour government will struggle to keep the deficit in check as borrowing costs surge

European Economy: A weaker Euro won't solve the EU's problems this time

There’s no silver bullet in the currency markets

Chart of the Day: EM currencies are in for a pounding next year

Volatility will rule and investors are clueless on EM trades

Rupee falls 3 paise to close at all-time low of 84.94 against US dollar

Forex traders said dollar demand from importers as well as foreign banks, foreign fund outflows and a muted trend in domestic equities further dented investor sentiments.

Iran's rial hits a record low, battered by regional tensions and an energy crisis

Iran’s Central Bank has in the past flooded the market with more hard currencies as an attempt to improve the rate.

A turning point for the dollar is coming

The short- and long-term prospects of the currency are at odds