Rupee

Renewed threats of tariffs by US President Donald Trump -- specifically targeting European nations over a dispute regarding Greenland -- have triggered a global "risk-off" sentiment

Strong headline numbers, low inflation and a modest current account deficit have fostered the belief that little needs fixing

The rupee closed at 90.1525 per dollar, little changed from 90.1625 in the previous session

Deliver average annual return of 12%

The rupee snapped a four-day losing streak in the last session, with bankers flagging possible support from the Reserve Bank of India

The rupee snapped the four-day losing streak and appreciated 12 paise to settle at 90.18 (provisional) against the American currency on Tuesday, tracking a decline in the US dollar index. Forex traders said weak domestic equity markets and geopolitical tensions between the US and Venezuela capped sharp gains for the domestic unit. At the interbank foreign exchange, the rupee opened at 90.22 against the US dollar and traded in the range of 90.08-90.25 before settling at 90.18 (provisional), up 12 paise from its previous close. On Monday, the rupee closed 10 paise lower at 90.30 against the US dollar. "We expect the Rupee to trade with a negative bias on risk aversion in global markets emanating out of geopolitical tensions between the US and Venezuela. Surge in crude oil prices and FII outflows may further pressurise the Rupee," said Anuj Choudhary, Research Analyst, Commodities Research, Mirae Asset Sharekhan. However, a weak Dollar amid disappointing US economic data and any ...

Amid deepening strategic ties and discussions around Free Trade Agreement (FTA) between India and Israel gaining momentum, the State Bank of India (SBI), the only Indian bank with a presence in Israel, is looking to facilitate bilateral trade in Indian rupees. "In view of India's significant trade flows from/to its partner countries and growing interest among the global trading community to trade in the Indian rupee, it has been envisaged by our banking regulators, i.e. Reserve Bank of India, to permit Indian banks to facilitate settlement of exports and imports of their respective corporate clientele in INR. Israel has been identified as one of the partner countries under this mechanism," CEO of SBI Israel, V Manivannan, told PTI. Israeli entities undertaking exports/imports through this mechanism shall receive and make payments in INR, which shall be credited into the Special Rupee Vostro Account (SRVA), against invoices for the supply/purchase of goods or services from the Israeli

The rupee breached the 90-per-dollar level amid sustained corporate dollar demand and FPI outflows, even as banking system liquidity turned surplus after two weeks

Rupee settled at 89.97 per dollar on Thursday as corporate dollar demand and muted trade volumes pressured the currency. Analysts expect the rupee to stay range-bound amid global policy uncertainty

The currency repeatedly fell to record lows during the year, slipping past the 91 level at one point, highlighting the sustained depreciation pressure

The selling comes as the rupee tested a series of record lows against the dollar this month, eroding returns for foreigners

Beyond the immediate cues, stalled India-US trade talks and ​foreign portfolio outflows continue to weigh on the rupee despite RBI intervention

RBI net sold $11.8 billion in October and supplied dollars to cap rupee weakness near 88.80/$, even as its net short forward position rose to $63.6 billion, the bulletin showed

The rupee slipped to 89.72 per dollar on Monday on strong dollar buying in the NDF market, before trimming losses to close at 89.65 as dealers flagged a shift in RBI's approach

The Indian rupee has been volatile against the US dollar this year. A new Business Standard poll suggests the currency may settle near 90 per dollar by the end of 2025

Stock markets are likely to trade in a range-bound manner in a holiday-shortened week where trading activity of foreign investors, currency movement and global macroeconomic data announcements are expected to drive sentiments, analysts said. Several global markets may see subdued activity on account of Christmas and New Year holidays, an expert said. The domestic stock market would be closed on Thursday for Christmas. "This week marks the onset of the year-end festive period and will be holiday-shortened due to the Christmas break, which may keep trading volumes subdued. On the domestic front, markets will track infrastructure output data, along with updates on bank loan growth, deposit growth, and foreign exchange reserves. Currency movement and crude oil prices will also remain important variables. "Globally, performance of major marketsparticularly the USwill be closely monitored for directional cues," Ajit Mishra SVP, Research, Religare Broking Ltd, said. "While strong domest

The rupee rallied 0.7% to 90.25 in early trading after opening a tad lower on the day at 91.07

The Indian currency strengthened past 90-per-dollar mark in Wednesday's session as the central bank curbed excess volatility

The Indian rupee has hit a fresh record low, crossing 91 against the US dollar for the first time. With the currency weakening steadily despite gains in other Asian currencies

A key reason is the Reserve Bank of India's $64 billion short-dollar position - a pledge to supply large amounts of dollars in the future through derivatives contracts with lenders