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Rupee, dollar
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, before settling at 83.57 per dollar—a two-month high. The local currency witnessed its highest weekly gain in the current calendar year. The domestic unit appreciated by 0.4 per cent against the dollar during the week.
Rupee vs Dollar: Indian currency logs 10 paise gain to settle at 83.55 against US dollar
The Indian currency has been on a recovery path since September 11 when it had settled at 83.99 against the American currency, a tad higher than the lowest level of 84.09 recorded on August 5.
Rupee logs 13 paise gain to settle at 83.52 against US dollar
The rupee stayed on the upward track for the record seventh straight session and settled 13 paise higher at 83.52 against the US dollar on Friday, as robust domestic equity markets and retreating crude oil prices boosted investors’ sentiment.
Rupee, Fed rate cut
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.
Fed cuts interest rates: Indian stocks, rupee, and gold prices likely to benefit on September 19
The stock market, Indian rupee, and gold price are all likely to do better following the much-anticipated rate cut by the Fed in the US. Here’s why optimism may be warranted
China stocks post rare weekly rise after Fed rate cut
China stocks closed higher on Friday, logging their first weekly gain in a month, as the jumbo US rate cut strengthened bets Beijing will soon unveil fresh stimulus. Hong Kong shares rose for the fifth day,
17h
on MSN
Indian rupee strengthens above 83.50/USD for first time in over two months
The Indian rupee rallied on Friday to climb above 83.50 per U.S. dollar for the first time since late July, boosted by dollar ...
FXStreet
18h
USD/INR faces some selling pressure as likely inflows boost Indian Rupee
Indian
Rupee
gains traction in Friday’s Asian session. Softer USD and portfolio inflows support the INR, while higher crude oil prices might cap its upside. Investors await the Fed’s Harker speech ...
6h
Weekend high: Strong FPI inflows lift benchmark equities, Indian rupee
Buoyed by robust buying from foreign portfolio investors (FPIs), Indian equity benchmarks soared to new heights on both ...
21h
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 ...
Business Recorder
3d
Indian rupee faces resistance on dollar buying by state-run banks
MUMBAI: The
Indian
rupee
faced resistance on Tuesday following a rise driven by the U.S. dollar’s struggles a day ahead ...
1d
on MSN
Here's What You Should Know About Indian-Made Beer and How to Drink It
Indian beers are still largely under the radar in the U.S. but in their home country they are the most popular alcoholic ...
19h
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, ...
1d
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 ...
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