by Dhara Hariya | Oct 11, 2023 | Forex
The Indian rupee is anticipated to start on a higher note this Wednesday as the prospects of the U.S. Federal Reserve refraining from raising interest rates have weakened the demand for the U.S. dollar. Non-deliverable forwards suggest that the USD/INR pair will open...
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 15, 2023 | 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...