Indian Rupee

The rupee gained 14 paise to 96.28 against the US dollar in early trade on Friday buoyed by positive sentiments at the domestic equity markets. However, heavy FII outflows and higher global crude oil prices amid heightened tensions in West Asia prevented further gains in the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 96.35 against the greenback before rising further to 96.28, up 14 paise from its previous close. The rupee depreciated for the fourth straight day on Thursday, shedding 17 paise to settle at 96.42 against the US dollar. The US expanded its airstrike campaign against Iran early on Friday by increasingly hitting bridges, part of President Donald Trump's threats to start striking infrastructure to pressure Tehran to ease its chokehold on the Strait of Hormuz. Iran launched new missile attacks against US-allied nations in West Asia and warned that its attacks would escalate. "Continued geopolitical uncertainties in West Asia ...

The rupee declined 6 paise to 96.31 against the US dollar in early trade on Thursday amid volatility in global crude oil prices and a stronger greenback with the West Asia crisis showing no signs of abating. FII outflows continued to weigh on the local unit while a positive start to the day at the domestic equity markets provided support, according to forex traders. At the interbank foreign exchange, the rupee opened at 96.28 against the greenback before slipping further to 96.31 from its previous close. The local unit had on Wednesday extended its slide for the third straight day and settled 9 paise lower at 96.25 against the US dollar. The United States intensified its strikes targeting Iran early on Thursday, hitting targets further north as American forces also fired into a ship it accused of trying to break its naval blockade on the Islamic Republic. Iran retaliated with missile and drone fire targeting Bahrain and Kuwait before dawn. Days of back-and-forth strikes by the US

The rupee ‌closed at 96.2550 per dollar, little changed from its close at 96.20 in the previous session

The rupee rose 5 paise to 96.11 against the US in early trade on Wednesday amid heightened tensions in West Asia and a weaker greenback. Higher crude oil prices and FII outflows prevented a sharper rise in the local unit while a positive opening in the domestic equity markets lent support, forex traders said. At the interbank foreign exchange market, the rupee opened at 96.12 and inched up to 96.11, up 5 paise from its previous close. The unit depreciated 48 paise to close at 96.16 against the US dollar on Tuesday. Iran on Wednesday threatened to halt all energy exports from West Asia over the US reimposing a naval blockade on the Islamic Republic. In a statement carried by the Iranian state television, the paramilitary Revolutionary Guard threatened oil and gas exports from the region. "The export of oil and gas from the region will be either for everyone or for no one," it said. "The rupee came under significant pressure on Tuesday, slipping past the 96-level for the first time

Anthropic has unveiled Rupee-denominated pricing for Claude AI assistant, simplifying payments for customers in India, a market that boasts of one of the largest Claude user communities. Claude Pro plan (more usage, access to Claude Code and Cowork) is available at Rs 2,000 per month, and Max (with higher limits and priority access at high traffic times) is being offered from Rs 11,999 per month. The Rupee-based pricing for Claude AI subscription can be seen on its website and mobile apps; the program currently supports card payments. Anthropic is testing local pricing in Indian rupees for new consumer subscriptions of Claude Pro, Max, and Team plans, as part of a broader push to offer local pricing across markets, people familiar with the development said. India is home to one of largest Claude user communities, and the company continues to explore ways to make its products more accessible in the region. The latest move comes as global AI companies like Anthropic and OpenAI are .

FPIs emerged as net buyers of Indian equities in July, for the second month this year. But higher for longer crude oil prices could dent sentiment.

The rupee depreciated 48 paise to 96.16 against the US dollar in early trade on Tuesday as heightened geopolitical uncertainty put pressure on most Asian currencies, including the rupee. Forex traders said the rupee came under pressure due to a combination of factors -- crude oil prices climbed on renewed geopolitical tensions, while demand for the US dollar increased as investors moved toward safe-haven assets. At the interbank foreign exchange market, the rupee opened at 95.95 then lost ground and touched 96.16 registering a fall of 48 paise from its previous close. On Monday, the rupee depreciated 30 paise to close at 95.68 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 101.17, down 0.06 per cent. Brent crude, the global oil benchmark, was trading higher by 2.02 per cent at USD 84.98 per barrel in futures trade amid concerns over disruptions to supplies through the Strait of Hormuz. I

The rupee fell 39 paise to 95.77 against the American currency in early trade on Monday, weighed down by elevated crude oil prices. Forex traders said with Brent oil prices rising over USD 79 to the barrel the Indian rupee is expected to open weaker at 95.53 levels after Iran declared the Strait of Hormuz as closed. At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.77 against the US dollar, registering a loss of 39 paise from its previous close. On Friday, the rupee rose 9 paise to settle at 95.38 against the US dollar. "The renewed fighting between the US and Iran revived fears of a major disruption to global Crude supplies," said Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 101.12, up 0.17 per cent. Meanwhile, Brent crude, the global oil benchmark, was trading higher by 4.05 per ce

India's foreign exchange reserves increased by $7.26 billion in the latest reporting week, supported by a rise in foreign currency assets and gold reserves, RBI data showed

The rupee rose 15 paise to 95.32 against US dollar in early trade on Friday as the greenback weakened and oil prices eased despite intensifying tensions in West Asia. FII outflows and uncertainties over fresh tensions in West Asia weighed on the local unit while a strong start to the day's trade at the domestic equity markets provided support, according to forex traders. The US launched new airstrikes against Iran on early Thursday, and Tehran responded by targeting US-allied West Asian countries in an exchange of fire that threatened an interim deal intended to help end the war. Back-and-forth attacks, including a day earlier, have repeatedly threatened the ceasefire. But Thursday's appeared bigger all around, with sirens sounding at least three times in Bahrain, home to the US Navy's 5th Fleet headquarters, and missiles targeting Kuwait and Qatar. At the interbank foreign exchange market, the rupee opened at 95.27 against the greenback before slipping to 95.32, up 15 paise from i

With a spate of recent measures expected to attract foreign capital, the RBI has started trimming its massive short dollar forward position, a stock of commitments to sell the greenback at future date

The rupee fell 4 paise to 95.52 against the US dollar in early trade on Thursday, weighed down by surging crude oil prices after fresh tensions in West Asia rattled sentiments worldwide, raising fears of uncertainties over global trade. According to analysts, oil prices soared to their highest point in weeks after President Donald Trump announced an end to the ceasefire with Iran in response to Iranian attacks on commercial ships in the Strait of Hormuz and on American military sites in other Gulf nations. However, positive sentiment in domestic equity markets supported the Indian currency, they said. At the interbank foreign exchange market, the rupee opened at 95.52 and remained weaker against the US dollar, down 4 paise from its previous close. On Wednesday, the rupee plunged 52 paise to settle at 95.48 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 100.98, down 0.09 per cent. Brent c

The rupee recorded its sharpest one-day fall in a month on rising crude oil prices and renewed West Asia tensions, while the benchmark 10-year government bond yield climbed

The rupee fell to a one-month low against the dollar as oil prices surged after Donald Trump said the Iran accord was "over", raising supply disruption fears

The rupee slipped 20 paise to 95.16 against the greenback in early trade on Wednesday as the US launched fresh strikes on Iran after Tehran struck three ships in the Strait of Hormuz, pushing up crude oil prices and strengthening the dollar. A weaker opening in the domestic equity markets further pressured the local unit, according to forex traders. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar before slipping further to 95.16, down 20 paise from its previous close. On Tuesday, the rupee appreciated 47 paise to close at 94.96 against the US dollar. "The rupee opened at 95.15 levels on Wednesday as the dollar index moved higher and Brent crude touched USD 76 levels with most Asian currencies also falling against the dollar," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at .

The rupee rose 0.46 per cent against the US dollar on Tuesday, supported by sustained debt inflows, easing demand from oil companies and a weaker greenback

The rupee appreciated 15 paise to 95.28 against the US dollar in early trade on Tuesday on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in the Middle East. Forex traders said lower Middle East risk premium and higher traffic from the Strait of Hormuz kept the oil prices lower. At the interbank foreign exchange market the rupee opened at 95.33 and later touched 95.28 against the American currency, registering a gain of 15 paise from its previous close. On Monday, the rupee had settled at 95.43 against the US dollar. The positive factor for the Indian rupee was Saudi Arabia slashing Asia oil prices by USD 11 per barrel in a record cut in the last 26 years amid improving supply conditions, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. Bhansali further noted that the buying by Indian oil companies also was indicated by the fact that Indian Oi

The rupee slipped to a three-week low as dollar buying by oil firms and NDF demand offset support from lower crude oil prices

The rupee fell 10 paise to 95.28 against the American currency in early trade on Monday, weighed down by the broad strength of the American currency in the overseas market. Forex traders said whenever fresh foreign inflows enter the country, the central bank is likely to use the opportunity to rebuild its reserve position rather than allowing the rupee to strengthen too much. Moreover, uncertainty prevailed over the progress of US-Iran peace talks keeping a geopolitical risk premium in the market. At the interbank foreign exchange market, the rupee opened at 95.25, then touched 95.28 against the US dollar, registering a loss of 10 paise from its previous close. On Friday, the rupee appreciated 17 paise to close at 95.18 against the US dollar. "The message from last week is simple. When the rupee cannot rally on good news like falling oil and a softer dollar, it tells you the underlying mood is fragile. Any fresh negative trigger could push USDINR towards the 95.80 to 96.00 zone, w

The rupee appreciated 19 paise to 95.16 against US dollar in early trade on Friday, as the dollar index retreated from its recent 15-month high levels. Forex traders said despite a weaker dollar index and lower crude oil prices rupee is still facing pressure from robust dollar demand from importers and corporate hedgers. At the interbank foreign exchange market, the rupee opened at 95.20, then touched 95.16 against the US dollar, registering a gain of 19 paise from its previous close. On Thursday, the rupee pared initial gains and settled for the day on a negative note, lower by 19 paise at 95.35 against the US dollar. Despite a weaker dollar index and lower crude oil prices, the rupee still weakened on Thursday. "If the rupee cannot strengthen on positive global cues, any negative development could easily push USDINR towards the 95.80 to 96.00 zone," CR Forex Advisors MD Amit Pabari said. Pabari further added that the Reserve Bank of India is focused on restoring its forex reserv