Page 2 - Indian Rupee
Nepal likely to soon allow Indian notes above ₹100, easing travel, tourism
Nearly 10 years after high-denomination notes were banned, Nepal plans to allow Indian notes above ₹100, easing travel for workers, students, pilgrims and tourists, and smoothing trade
 "Nepal likely to soon allow Indian notes above ₹100, easing travel, tourism")
Rupee hits new low on weak sentiment amid US trade deal uncertainty
The currency, Asia's worst performer in 2025, saw mild RBI intervention as FPIs sold over ₹14,000 crore in equities this month
 "Rupee hits new low on weak sentiment amid US trade deal uncertainty")
Rupee hits new low of 90.56/$ on trade deal impasse; near-term pain seen
So far this month, the Rupee has fallen 1.15 per cent, while in the calendar year 2025, the unit is down 5.7 per cent, the worst among its Asian peers
 "Rupee hits new low of 90.56/$ on trade deal impasse; near-term pain seen")
Indian rupee turmoil reminds investors of 2013 'fragile-five' crisis
The seeds of the Fragile-Five debacle were sown by the Reserve Bank of India buckling under political pressure and cutting rates in 2012 amid soaring fiscal deficits and untamed inflation
 "Indian rupee turmoil reminds investors of 2013 'fragile-five' crisis")
Rupee hits fresh low on outflows and US trade deal delay; bond yields ease
Rupee depreciated to a fresh all-time low as foreign outflows and uncertainty over the US-India trade deal pressured sentiment, while an RBI OMO purchase auction helped soften government bond yields
 "Rupee hits fresh low on outflows and US trade deal delay; bond yields ease")
RBI allows residents, non-residents to undertake rupee IRD transactions
New master directions allow residents and non-residents to trade rupee interest rate derivatives, with a PVBP limit of Rs 1,000 crore for foreign entities' speculative positions
 "RBI allows residents, non-residents to undertake rupee IRD transactions")
Importers rush to hedge while exporters wait on sidelines amid rupee dip
The domestic currency touched a fresh low of 90.41 against the dollar on Thursday but gained back its intraday losses to close at 89.98
 "Importers rush to hedge while exporters wait on sidelines amid rupee dip")
Rupee dip against US dollar adds baggage to overseas travel costs
As the rupee weakens past 90/$, outbound travellers may adjust itineraries or reduce spends, while inbound and domestic tourism gain as India becomes more cost-competitive.
 "Rupee dip against US dollar adds baggage to overseas travel costs")
Pharmaceutical sector set to gain from rupee fall despite API dependence
Exporters like Sun Pharma, Dr Reddy's may see 7-8% revenue lift, yet margins pressured by high raw material import costs
 "Pharmaceutical sector set to gain from rupee fall despite API dependence")
Consumer durable firms set to hike product prices as rupee slides
Consumer electronics firms expect to raise prices by up to 10% as the rupee weakens and input costs rise, while food companies watch the currency closely before adjusting prices
 "Consumer durable firms set to hike product prices as rupee slides")
Rupee hits intraday low, recovers to 89.98 as foreign banks sell dollars
The rupee hit 90.41 per dollar intraday on Thursday before recovering to close at 89.98, as foreign banks sold dollars and RBI intervention stayed limited amid outflows and trade-deal uncertainty
 "Rupee hits intraday low, recovers to 89.98 as foreign banks sell dollars")
RBI to tolerate weaker rupee amid trade gap, dollar inflow pressures
By signaling tolerance for a weaker rupee, RBI is indicating that it will intervene mostly to curb sharp volatility or on any signs of a speculative build-up but not defend any specific level on rupee
 "RBI to tolerate weaker rupee amid trade gap, dollar inflow pressures")
Rupee to rise from record lows, US trade deal key for recovery: Poll
US President Donald Trump's punitive 50 per cent tariff on Indian goods has soured sentiment among foreign investors, who have sold around $17 billion of Indian equities so far this year
Foreign banks chase India's rupee bond market amid weak offshore demand
To compete, lenders including Standard Chartered Plc and Barclays Plc, are looking to widen their onshore offerings to appeal to Indian corporates shifting their borrowing to rupees
 "Foreign banks chase India's rupee bond market amid weak offshore demand")
Rupee weakness clouds outlook for FPI flows; earnings revival key
Corporate earnings growth is estimated to be in high single digits for this fiscal and in mid-teens for the next two financial years
Weaker rupee to help exporters, low inflation means it doesn't pose a risk
In a situation where the balance of payments has turned negative, the currency would be expected to depreciate and act as a stabiliser
Not losing sleep over it: CEA Nageswaran on rupee hitting record low
Chief Economic Advisor V Anantha Nageswaran expressed hope that the currency will recover next year
 "Not losing sleep over it: CEA Nageswaran on rupee hitting record low")
Nifty IT index up 1% in trade as rupee hits 90-mark against US dollar
Tech companies are, typically, at an advantage when the Indian Rupee depreciates against the Dollar
 "Nifty IT index up 1% in trade as rupee hits 90-mark against US dollar")
Rupee crosses 90-mark against USD in historic low amid trade deal impasse
On Tuesday, the rupee had already touched 89.9475 before ending the day at 89.87 - a decline of nearly 0.4 per cent
 "Rupee crosses 90-mark against USD in historic low amid trade deal impasse")
Short-covering drives rupee towards 90 vs dollar as pressure returns
Hits new closing low of 89.88/$; Hits 89.96/$ intraday
 "Short-covering drives rupee towards 90 vs dollar as pressure returns")
