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Rupee logs best week this year, aided by Fed cut, portfolio inflows
The Indian rupee rose for the fifth straight session on Friday, helped by gains in Asian peers and likely portfolio inflows, after the U.S. Federal Reserve kicked off its interest rate cutting cycle earlier this week.
Rupee gains for third straight session, rises 9 paise to 83.56 against US dollar
Falling crude oil prices provided support to the Indian currency, though it was partially weighed down by foreign fund outflows, according to forex traders. At the interbank foreign exchange market, the rupee opened at 83.
Dollar declines after Fed cuts rates; Sterling, Aussie, and Norwegian Krone lead
The US Dollar experienced a decline on Thursday following the Federal Reserve's decision to cut interest rates by 50 basis points and adjust its monetary policy forecast. This led to notable gains for the British pound,
Rupee ends flat; forward premiums climb on Fed rate cut hopes
The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of an outsized 50-basis-point rate cut by the U.S. Federal Reserve this week.
Stocks Higher, Dollar Lower Post Fed's Rate Cut
The Federal Reserve's 50 bp rate cut has made for a volatile 15 hours or so in the foreign exchange market. Click to read.
Stretch Your Dollar: Where you’ll see relief after Fed cuts interest rates
For the first time in 16 years, the federal reserved slashed interest rates by half a percentage point and this means relief for millions of Americans.
Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, with money markets pricing in around a 65% chance of a 50 basis point (bp) cut.
Dollar rises, stocks slip: Will Fed’s aggressive 0.50% rate cut steer clear of a recession?
Before the US Federal Reserve announced its interest rate decision on September 18, analysts were majorly expecting a smaller cut of 0.25%. The decision comes amid growing concerns about economic conditions,
Rupee faces challenge as US Dollar surges after Fed's large rate cut
The Indian Rupee 's recovery on Thursday will have to contend with a broadly higher US dollar despite the Federal Reserve delivering a 50-basis-point rate cut. The 1-month Dollar / Rupee non-deliverable forward (NDF) declined to 83.
Rupee rises to six-week high after Fed rate cut, importer dollar bids pick up
The Indian rupee rose to its strongest level in over six weeks on Thursday after the Federal Reserve kicked off policy easing with a 50-basis-point rate cut, but traders expect importer dollar bids to limit the currency's immediate gains.
12h
on MSN
Rupee on course for best week in 2024, forward premiums maintain uptrend
The Indian rupee strengthened against the U.S. dollar on Friday and was on course to post its best weekly gain this year, ...
17h
India’s Das Tames Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
3h
Rupee posts biggest weekly gain in 2024; appreciates 9 paise to 83.56
The Indian rupee on Friday strengthened further against the US dollar to appreciate up to Rs 83.48 per dollar during the day, ...
5h
Rupee Goes Up 8th Day in a Row Against US Dollar As Momentum Stays
The Pakistani rupee (PKR) gained more ground 8th day in a row against the US Dollar (USD) today after opening trade at 278 in ...
Deccan Herald
6h
Rupee logs 10 paise gain to settle at 83.55 against US dollar
In the domestic equity market, the 30-share BSE Sensex surged 1,359.51 points, or 1.63 per cent, to settle at its ...
5h
Rupee stays well supported as equities hit fresh highs
Indian Rupee hit fresh two month high against the US dollar today, gaining further as local equities soared. INR hit 83.48 per US dollar in intraday moves and is up 10 paise at 83.56 per US dollar ...
3d
Rupee expected to remain steady ahead of Fed decision
The Indian rupee is expected to open nearly flat on Tuesday, with traders expecting the currency to see largely rangebound ...
12h
Shaktikanta Das tames volatile Rupee with $689 billion in forex reserves
Clamping down on volatility and building up a stockpile of foreign exchange holdings to safeguard the economy in the event of ...
7d
on MSN
The Pros and Cons of a Fully Convertible Rupee
As India gains economic power and broadens its foreign investment collaboration, there are pros and cons to making the rupee ...
15h
on MSN
Rupee likely to extend winning run on upbeat risk, Fed outlook
The Indian rupee is expected to open higher on Friday and add to its weekly advance, boosted by healthy risk appetite and ...
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