India will host the summit, which will be held later this year. If the recommendation is accepted, a proposal to link the digital currencies of Brics members would be put forward for the first time
Heavy importer demand and maturing NDF positions pushed the rupee to its steepest one-day fall in two months, even as RBI dollar sales capped deeper losses
Gold prices slipped slightly as strong US economic data and easing tensions in Iran reduced safe-haven demand. Despite the dip, gold remained up for the week after hitting record highs
The rupee's depreciation is often seen as an opportunity - but this narrative overlooks its impact on borrowers of foreign-currency debt
The rupee closed at 90.1525 per dollar, little changed from 90.1625 in the previous session
The rupee settled at 90.03 per dollar, against the previous close of 89.89 per dollar
The local currency settled at 89.88 per dollar, against the previous close of 90.17 per dollar, after touching an intraday high of 89.83 per dollar
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
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
A weak rupee has wiped out nearly half of global investors' gains, leaving foreign funds waiting for a currency rebound to revive returns
It has beat gold and traditional savings, delivering a consistent winning streak while creating significant wealth for ordinary people who held their investments through decades of economic growth
Majority of the respondents said the domestic currency would appreciate to 88.5 against the dollar by end FY26
The rupee rose 0.73% to 90.37 per dollar, snapping a five-session fall, as dealers cited likely RBI dollar sales to curb volatility after the currency hit fresh lows
The rupee is currently the worst-performing Asian currency, with 5.95 per cent depreciation witnessed in 2025 so far
Mishra said rupee is expected to average around 90 per dollar by June 2026 and weaken further to 92 per dollar by June 2027
Rupee at record low: The unit opened 4 paise lower on Tuesday at 90.77 against the greenback, but fell 35 paise during the session to a new low of 91.08, according to Bloomberg
India’s currency has slipped to its weakest level ever: 90.56 against the US dollar. What’s driving this fall, and how long could the pain last? Watch to know what analysts expect next.
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
On the downside, gold prices, WGC said, can slip 5 per cent to 20 per cent in CY26. For that to happen, Donald Trump's policies need to succeed, resulting in stronger-than-expected growth.