Indian currency hits record low of 93.72 per dollar, logging steepest fall in four years as surging crude oil prices and capital outflows weigh on sentiment
Central banks in the US, Canada and Japan struck hawkish tones this week, wary that rising energy prices could spark a fresh wave of inflation
Currency weakens on importer demand and thin dollar liquidity, with trade deficit concerns and Fed policy outlook weighing on sentiment
Currency weakens to a fresh intra-day low as oil prices surge amid West Asia tensions, with RBI stepping in through dollar sales to limit volatility
The dollar was up 0.8 per cent to $1.1525 on the euro, its highest since November, and rose almost 0.4 per cent to 158.48 yen early in the Asia session
After breaching 92 per dollar, the rupee rebounded sharply on RBI's heavy dollar sales, becoming the best-performing Asian currency even as geopolitical risks kept markets cautious
RBI's net short dollar position in the forward market climbed to $68.42 billion in January, with a rise in long-tenure contracts offsetting a decline in shorter-term positions
RBI net sold $10 billion in December, with short dollar positions in the forward market easing to $62.35 billion, even as the rupee's REER slipped to 94.76, the monthly bulletin showed
The rupee strengthened against the dollar tracking gains in Asian currencies, but upside was capped by strong dollar demand from large corporates, dealers said
Asked about the currency, Lagarde said the ECB was keeping a close eye on markets but ultimately concluded that no big change has taken place in recent months
The impact of the shock US capture of Venezuelan President Nicolas Maduro over the weekend was short-lived across most asset classes with stocks around the world trading at record highs
Traders were also keeping a watchful eye on events in Venezuela, after the US raid and capture of President Nicolas Maduro
The rupee may open weaker amid strong dollar demand and geopolitical uncertainty, while heavy state bond supply is set to keep government bond yields under upward pressure
A dwindling interest rate difference between the US and other economies has cast a shadow over the currency market, resulting in most currencies gaining sharply against the dollar in 2025
RBI data shows its outstanding net short dollar position in the rupee forward market rose to $66.04 billion by end-November, up from $63.6 billion at end-October
The rupee strengthened to 89.88 per dollar on exporter dollar sales and foreign inflows, leading Asian peers on Tuesday, though analysts said structural demand-supply pressures persist
The Indian rupee has slipped to an all-time low against the US dollar, pressured by foreign investor exits and global trade tensions. A new poll suggests a mild recovery could be ahead
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
Indian Rupee today: The domestic currency closed 25 lower at 87.53 against the dollar on Friday, according to Bloomberg
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