Trump's remarks on Powell spur Fed rate cut hopes; rupee hits over two-week high at 85.71, though gains capped by RBI intervention via PSU banks
Indian Rupee today: The domestic currency closed 38 paise higher at 85.71, a day after closing at 86.09 against the dollar
Between December 31, 2024 and June 25, 2025 the Nifty IT index has slumped 9.90 per cent, in stark contrast to the Nifty 50, which is up 6.76 per cent during the same period, NSE data showed.
Indian Rupee today: The domestic currency opened 17 paise higher at 85.92, a day after closing at 86.09 against the dollar
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
Indian Rupee today: The domestic currency closed 12 paise lower at 86.09, a day after closing at 85.97 against the dollar
Indian Rupee today: The domestic currency opened 3 paise lower at 86, a day after closing at 85.97 against the dollar
There is high negative correlation between the India 10-year and US 10-year bond yield spread and rupee-dollar exchange rate
Indian Rupee today: The domestic currency posted the steepest gains since May 23, as it appreciated 78 paise to close at 85.97 against the dollar
Indian Rupee today: The domestic currency rose 64 paise to open at 86.11 against the dollar, after closing at 86.75 on Monday
The Indian currency settled at 86.75 per dollar, against the previous close of 86.59 per dollar
Indian Rupee today: The domestic currency depreciated 16 paise to end at 86.74 against the dollar, after closing at 86.59 on Friday
Indian Rupee today: The domestic currency depreciated 18 paise to open at 86.77 against the dollar, after closing at 86.59 on Friday
Iran warned that it may close the Strait of Hormuz (~26 per cent of oil trade), attack US military installations in the region, and take other military and diplomatic actions.
The rupee settled at 86.59 per dollar on Friday. Crude oil prices remain a significant idiosyncratic risk for the rupee, said market participants
Indian Rupee today: The domestic currency rose 14 paise to end at 86.59 against the dollar, according to Bloomberg
RBI direction on currency futures is said to be the reason for the trend in contracts
Indian Rupee today: The domestic currency rose 9 paise to open at 86.64 against the dollar, according to Bloomberg data
Indian Rupee today: The domestic currency depreciated 27 paise to close at 86.74 against the dollar, the lowest level since March 17 this year
Indian Rupee today: The domestic currency depreciated 6 paise to open at 86.53 against the dollar, the lowest level since April 9 this year