by Dhara Hariya | 20/09/23 | Forex
The Indian rupee managed to maintain its stability on Wednesday, thanks to intervention by the Reserve Bank of India (RBI) in both the non-deliverable forward (NDF) and over-the-counter (OTC) markets. Despite these efforts, analysts are revising their forecasts for...
by Dhara Hariya | 15/09/23 | Forex
The Indian rupee had a mixed trading session against the US dollar on Friday. While positive domestic equities provided some support, it faced headwinds from higher crude oil prices and a stronger US dollar. The US inflation report, which exceeded expectations,...
by Dhara Hariya | 15/09/23 | Forex
The Indian rupee is expected to open weaker on Friday due to the recent surge in oil prices and the strengthening of the US dollar index. Non-deliverable forwards (NDFs) suggest that the USD/INR pair will likely open at around 83.06-83.08, compared to the previous...
