by Dhara Hariya | Oct 10, 2023 | Forex
The Indian rupee experienced minimal fluctuations on Tuesday, barely changing against the U.S. dollar. This stability can be attributed to a decline in U.S. Treasury yields and concerns surrounding elevated crude oil prices in the wake of the Middle East conflict....
by Dhara Hariya | Oct 9, 2023 | Forex
On Monday, the Indian rupee exhibited limited movement in a cautious trading session, despite escalating geopolitical tensions. Traders, apprehensive of potential dollar-selling interventions by the Reserve Bank of India (RBI) if the local currency approached its...
by Dhara Hariya | Sep 22, 2023 | Forex
The Indian rupee wrapped up the week on a positive note, gaining strength against the US dollar. This surge was fueled by JPMorgan’s announcement of including India’s government bonds in its emerging market index, a move anticipated to attract substantial...
by Dhara Hariya | Sep 21, 2023 | Forex
In a recent development, the Indian rupee opened slightly weaker against the US dollar on September 21, influenced by broader global trends. Here’s a concise summary: At 9.10 am, the rupee was trading at 83.12 against the dollar, marking a marginal 0.05 percent...
by Dhara Hariya | Sep 20, 2023 | 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...
