The Indian Rupee (INR) remains under pressure against the US Dollar (USD), as oil prices continue to boil due to Middle East risks. In the opening trade on Friday, the USD/INR pair is slightly higher to near 95.25, closer to its over two-week high of 95.38 posted the previous day. In early trading on Friday, […]
The Indian Rupee (INR) revisits a two-week low against the US Dollar (USD) on Thursday as elevated oil prices continue to keep the South Asian currency under pressure. In the opening session, the USD/INR pair trades slightly higher to near 95.30. As of writing, the MCX Crude Oil contract expiring on November 19 is down […]
Foreign-exchange markets are showing a mixed performance, with the New Zealand dollar recording the steepest decline among the currencies listed, falling 1.36%. The South Korean won followed with a loss of 0.86%, while the Indian rupee and British pound also traded lower. The Japanese yen and US Dollar Index posted modest gains, while the euro […]
The Indian Rupee (INR) gives back its opening gains and turns slightly negative against the US Dollar (USD) on Wednesday. The USD/INR pair ticks up to near 95.16 as the Indian currency underperforms due to multiple headwinds, such as the oil price recovery and caution ahead of the Federal Reserve’s (Fed) monetary policy announcement. In […]
The Indian Rupee (INR) weakens again versus the US Dollar (USD) as demand for US Dollars remains significant due to elevated oil prices. In the opening trade on Tuesday, the USD/INR pair is slightly up to near 95.22. As of writing, the MCX Crude Oil contract expiring on November 19 is down 1.24% to near […]
The Norwegian krone leads the latest currency-market performance, rising 0.50%, followed by the Swedish krona, up 0.25%, and the euro, which gains 0.16%. The moves highlight a mixed foreign-exchange landscape, with gains among selected European currencies contrasting with renewed weakness in the Indian rupee and modest losses for the US dollar index and Japanese yen. […]
The Indian rupee is weakening towards 95.0 per US dollar as foreign investment support fades and elevated crude oil prices increase pressure on India’s external balance. The currency has retreated from recent multi-week highs, with investors watching whether foreign portfolio outflows and rising energy-import costs will intensify demand for US dollars. Support from inflows associated […]
The Indian rupee is leading currency losses in the latest foreign-exchange market update, falling 0.47%, while the Japanese yen declines 0.10% and the British pound slips 0.09%. The euro and US Dollar Index remain little changed, highlighting a mixed session across major currency markets. The rupee’s sharper decline places the Indian currency under greater pressure […]
The Indian rupee is struggling to extend its recovery against the US dollar, hovering around 94.80 per dollar as rising crude oil prices, persistent demand for US currency and capital outflows continue to weigh on the exchange rate. The reversal follows an eight-session rally that pushed the rupee to a more than six-week high near […]
The Indian rupee is holding near six-week highs around 94.84 per US dollar after recording its strongest weekly performance since March, gaining approximately 2% last week. Reserve Bank of India (RBI) intervention, tighter foreign-exchange restrictions and additional dollar supply measures have helped stabilise the currency despite elevated crude oil prices and continued foreign portfolio outflows. […]