by Dhara Hariya | Sep 26, 2023 | Forex
The Indian rupee is gearing up for what seems like a challenging day ahead. Despite non-deliverable forwards indicating a relatively stable opening, several factors are poised to exert pressure on the currency. USDINR is expected to begin around 83.12-83.13 to the...
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...