Rupee

Rupee weakness amid global turmoil and capital outflows may limit RBI's policy stance, raising risks of rate hikes as inflation, currency pressure and external shocks reshape India's monetary outlook

Currency weakens amid crude oil surge and West Asia tensions; RBI forward book deficit and rising bond yields add to pressure on the rupee

India's policy response to rising oil prices and geopolitical risks remains cautious, prioritising macroeconomic stability over stimulus as inflation pressures and second-order effects begin to emerge

The reversal has prompted traders and analysts to suggest that fresh regulatory measures could be on the cards

Rupee hit a record low of 95.32 vs dollar on Thursday. Going ahead, analysts see further downside with 96-97 levels in focus as oil surge, FII outflows and hawkish US Fed weigh on outlook

The rupee fell to a record closing low of 94.85 per dollar, pressured by rising crude prices, foreign outflows and a stronger US dollar

The currency has drifted back toward record lows as the impact of central banks' rupee supportive measures faded, with concerns over India's exposure to higher energy prices weighing on sentiment

The rupee declined ‌to a low of 94.80 per dollar in early trade, before paring losses to last quote at 94.73, down 0.2 per cent on the day

The rupee depreciated 13 paise to 94.81 against the US dollar in early trade on Wednesday, as rising global oil prices kept the currency under pressure. Forex traders said elevated crude oil prices and month-end dollar demand amid a broader shift toward safe-haven assets dented investor sentiment. The focus has now shifted to the upcoming US Federal Reserve policy decision. While rates are expected to remain unchanged, the tone will carry more weight than the action, they said. At the interbank foreign exchange market, the rupee opened at 94.79 against the US dollar, then lost some ground and touched 94.81 against the US dollar in initial trade, registering a fall of 13 paise over its previous close. On Tuesday, the rupee depreciated 53 paise to close at 94.68 against the US dollar. "The oil is above USD 111 with no resolution to the US-Iran crisis, although the unilateral ceasefire of the US continues and Iran also showing resilience, but the non-passage of ships from the Strait

The rupee touched a low of 94.54 per dollar during the trading session, its weakest level since March 30, before closing at 94.19, down 0.4 per cent on the day

The rupee depreciated 24 paise to 94.39 against the US dollar in early trade on Tuesday, weighed down by elevated crude oil prices and month-end dollar demand amid a broader shift toward safe-haven assets. Forex traders said Brent oil continued to move higher at USD 109 per barrel, keeping India's position vulnerable. Moreover, factors such as unabated foreign capital outflows amid rising geopolitical uncertainties dented investor sentiments further. At the interbank foreign exchange market, the rupee opened at 94.35 against the US dollar, then lost some ground and touched 94.39 against the US dollar in initial trade, registering a fall of 24 paise over its previous close. On Monday, the rupee had settled at 94.15 against the American currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 98.49. Brent crude, the global oil benchmark, was trading higher by 0.99 per cent at USD 109.30 per barrel in futures ...

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India's current account deficit (CAD) is modest, but portfolio flows and oil price volatility mean the rupee is driven more by sentiment and positioning than by exports and imports

The rupee depreciated 11 paise to 94.27 against US dollar in early trade on Monday driven by persistent dollar demand and a broader shift toward safe-haven assets. Forex traders said the Indian rupee has hit a rough patch, falling for five consecutive sessions, weighed down by a combination of factors such as the RBI loosening its grip on currency rules and rising oil prices caused by global tensions. Moreover, investors are becoming cautious again, with foreign institutions pulling money out of the market after a brief period of buying amid rising geopolitical uncertainty. At the interbank foreign exchange market the rupee opened at 94.25 against the US dollar, then lost some ground and touched 94.27 against the US dollar in initial trade, registering a fall of 11 paise over its previous close. On Friday, the rupee had settled at 94.16 against the American currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.0

RBI MPC member flags adverse shift in growth-inflation balance, warns of rising policy risks amid global uncertainty and persistent inflation expectations

The currency has given up much of the gains fueled by the central bank's recent measures to curb speculative arbitrage bets that had pushed the rupee to record lows last month,

The rupee stayed on a downward track for the fifth straight day, losing 24 paise to 94.25 against the US dollar in early trade on Friday, weighed by volatile crude oil prices and an elevated US dollar, with prospects of West Asia peace talks turning hazier. Analysts said that despite a ceasefire in place between the United States and Iran, ship movement through the Strait of Hormuz remained uncertain after the US military on Thursday seized another Iranian oil tanker, intensifying the standoff and unsettling the fuel prices worldwide. President Donald Trump has also ordered the US military to "shoot and kill" small Iranian boats that deploy mines to choke traffic through the Strait of Hormuz. Unabated withdrawal of foreign funds from domestic stock markets also added to investors' worries, triggering a massive sell-off in equities and further dragging down the local currency, forex traders said. At the interbank foreign exchange market, the rupee opened at 94.25 and stayed at the s

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During the reported month, the RBI bought $21.4 billion, while it sold $13.99 billion. The central bank had net bought $2.53 billion in January

The rupee closed at 94.1050 against the US dollar, down 0.3 per cent on the day. The currency has declined over 1 per cent so far this the week, pressured by a near 15 per cent rise in crude prices