Dollar

Rupee strengthens on optimism around progress in India-US trade talks

The dollar index was largely steady at 99.55, against the previous close of 99.62. It measures the strength of the greenback against a basket of six major currencies

Rupee slips for third day ahead of Powell speech; ends at 87.53/$

Indian Rupee today: The domestic currency closed 25 lower at 87.53 against the dollar on Friday, according to Bloomberg

De-dollarisation is not part of India's financial agenda, says MEA

The remarks came in response to Brazilian President Luiz Inacio Lula da Silva's recent comments that BRICS members could "discuss" creating a trade currency among themselves

Rupee sees selloff on Trump's Brics tariffs; ends 47 paise lower at 85.86/$

Indian Rupee today: The domestic currency closed 47 paise lower at 85.86 against the dollar on Monday, the worst fall since June 13

FX reserves reclaim $700 billion mark, just short of all-time high

India's forex reserves hit $702.7 bn in week ended June 27, nearing 2024 peak; driven by $5.9 bn RBI dollar purchases, partly offset by revaluation losses

Rupee ends first quarter flat amid global tensions and dollar weakness

The rupee ended Q1 marginally weaker at 85.77 after volatile trading amid Iran-Israel tensions, IPO inflows, oil easing and RBI reducing short dollar positions

RBI net short dollar position dips to $72.5 bn in April as rupee gains

RBI's net short dollar position in rupee forwards narrowed to $72.5 billion in April while REER rose for the first time in six months as the rupee appreciated

Rupee rises as oil dips, equities shaky on fragile Israel-Iran ceasefire

Near-term outlook positive for Indian currency as truce takes hold after violations

RBI unperturbed by $52.4 bn short position in dollar forward book

The central bank's forward book saw a drop from $78 billion in February to $52.4 billion in April, with a majority of positions concentrated in the 3-12 month segment

Rupee hits 7-month peak against US dollar, slips on RBI intervention

The rupee briefly appreciated to 83.76 per dollar, its strongest level in seven months, before retreating as RBI stepped in to buy $3 billion and boost forex reserves

Indian rupee loses steam after slipping under 85/$; opens 5 paise lower

The domestic currency opened 5 paise lower at 85.08 after ending at 85.03 against the greenback on Monday

Indian Rupee ends weaker at 85.42/$ as dollar index stages recovery

The domestic currency ended 23 paise weaker at 85.42 after closing at 85.19 against the greenback on Tuesday

Indian Rupee trades weak as dollar gains weigh; opens lower at 85.27/$

The currency has appreciated by 0.22 per cent in April and is on track to log gains for the second straight month

Indian Rupee snaps five-day winning streak; Ends 7 paise weaker at 85.20/$

The domestic currency ended 7 paise weaker at 85.20 after closing at 85.13 against the greenback on Monday

Rupee opens flat at 85.13/$ after five-day rally; Dollar weakness persists

The dollar index - a measure of the value of the US dollar relative to a basket of foreign currencies - was down 0.19 per cent to 98.08, the lowest since April 2022

Rupee logs five-day winning streak; Ends 24 paise stronger at 85.14/$

The domestic currency ended 24 paise stronger at 85.14 against the greenback, after closing at 85.38 on Thursday

Indian Rupee extend gains to day five; Opens 27 paise stronger at 85.11/$

The US dollar has been facing sustained pressure, with the Dollar Index down over 9 per cent year-to-date

Indian Rupee gains 30 paise; Ends at 85.38/$ on FII inflows, weak dollar

The domestic currency ended 30 paise stronger at 85.38 against the greenback, after closing at 85.68 on Wednesday

Indian exporters should temper euro, pound hedges as dollar faces pressure

With the dollar under pressure from tariff-driven outflows, downgraded US growth forecasts and shifting investor outlook, forex strategists are encouraging exporters to reassess their hedging strategy

Rupee opens at 85.49/$; Gains for fourth day on weak dollar, FII inflows

The domestic currency opened 19 paise stronger at 85.49 against the greenback, after closing at 85.68 on Wednesday