by Dhara Hariya | Sep 26, 2023 | Forex
The Indian rupee faced a decline on Tuesday, in line with other Asian currencies. Additionally, elevated U.S. Treasury yields added to the pressure on the rupee, bringing it close to crucial support levels. The USDINR pair was trading at 83.2250 against the U.S....
by Dhara Hariya | Sep 20, 2023 | Forex
The Indian rupee saw a positive turn on Wednesday, thanks to likely dollar sales by the Reserve Bank of India (RBI) and a decline in crude oil prices, which helped prevent the currency from reaching a record low. Closing at 83.0725 against the U.S. dollar, the rupee...