Dollar Rupee Movement

USDINR is expected to remain sideways within our range. A Double Butterfly (Asymmetrical) trade to capitalise.

Rupee may strengthen further in near term to around 81 against dollar: Experts

Since start of this month, the rupee has appreciated sharply and is expected to firm up further thanks to bond inflows

Neither the fundamentals nor the technical charts are encouraging for the rupee

With INR at record lows and DXY at 5 year highs, traders are in risk-off mode

Rupee falls 29 paise to 75.58 against US dollar in early trade

Forex traders said the expectations of rate hikes by the US Fed to rein in decades-high inflation are also keeping the dollar index buoyant, a key headwind for the Indian rupee.

A lot of reason to be cautious on rupee in medium-term: StanC

The Reserve Bank of India will be sensitive to dollar-rupee movement and correction on account of November 8 US presidential elections, Ananth Narayan, Head-Financial Markets, Standard Chartered Bank, told CNBC-TV18. There is a lot of reason to be cautious on the rupee, he added.