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 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 21, 2023 | Forex
In early Thursday trading, the Indian rupee displayed a slight weakening trend as exporters engaged in dollar sales, offsetting concerns about the surge in U.S. Treasury yields following a hawkish Federal Reserve policy. Here’s a summarized look at the key...