Indian Rupee: PMIs indicate growth and inflation concerns
Commerzbank’s report on India highlights the September flash PMIs indicating stronger economic activity as the third quarter wraps up, with manufacturing and services indices both significantly above the 50 mark. Domestic demand remains strong; however, heightened input and output prices in manufacturing keep inflation risks elevated. The bank suggests that the Reserve Bank of India […]
Indian Rupee confronted challenges as US Treasury Yields reach record levels.
The Indian Rupee (INR) continued its decline against the US Dollar (USD) on Tuesday, with USD/INR climbing above 95.90. Last week, the pair fell just over 1% primarily due to rising US Treasury yields and high oil prices. Indian currency markets were closed on Monday in observance of Ganesh Chaturthi. This week, the INR has […]
Indian Rupee rises as India’s positive Q2 GDP and reduced fiscal deficit are announced.
The Indian Rupee (INR) saw a significant increase against the US Dollar on Tuesday, with the USD/INR pair dropping to around 94.80—marking its lowest level in two months. This movement is likely attributed to intervention from the Reserve Bank of India (RBI), more robust than anticipated Q2 Gross Domestic Product (GDP) figures, and a reduction […]
Rupee decreases by 15 paise to 94.48 against the U.S. dollar in early trading
Rupee Weakens Amid Market Fluctuations The Indian rupee dropped by 15 paise to 94.48 against the US dollar during early trading on Monday, June 22, 2026. This decline was largely attributed to the US dollar’s strength in international markets. Forex traders observed that while there were stable debt and deposit inflows supporting the domestic currency, […]
Indian Rupee remains stable as attention turns to US Job Openings data
The Indian rupee (INR) was barely moving against the US dollar (USD) during the afternoon trading session on Tuesday. The USD/INR pair hovered around 95.00, but the future of the Indian rupee remains uncertain as oil prices show signs of recovery amid ongoing tensions regarding the US-Iran agreement. At the time of this update, WTI […]
Indian Rupee continues to rise at the beginning of RBI policy week
The Indian rupee (INR) started the week on a positive note against the US dollar (USD) as the Reserve Bank of India’s (RBI) policy week commenced. This uptick happened despite rising oil prices, underscored by strong hopes for a lasting peace agreement between the US and Iran, leading to the USD/INR pair dropping to approximately […]
Rupee falls to a four-year low as rising oil prices increase remittance value.
This change has led to an increase in the value of remittance payments, with every Dh10,000 now being exchanged for significantly more rupees than in recent weeks. Oil shock causes currency collapse The rupee’s depreciation highlights rising pressure on India’s external economy, plummeting to a record low of over 93 against the US dollar. It […]
Indian Rupee falls to record lows close to 94 against US Dollar.
The Indian rupee (INR) experienced a deeper decline against the US dollar (USD) on Friday, which was a holiday. The USD/INR exchange rate has climbed to around 93.90 as the rupee faces substantial pressure. This is largely due to ongoing foreign capital outflows from India’s stock market, high oil prices tied to conflicts in the […]
Is it time for UAE expats to send money home? A weak rupee and peso provide significant advantages against the Dirham
Weak Rupee and Peso Create Remittance Opportunities for UAE Expats The Indian, Pakistani, and Philippine currencies are currently trading at multi-year lows against the UAE dirham. This situation presents a unique chance for expats in the UAE to rethink their remittance strategies. With the value of the dirham comparatively higher, many workers are evaluating when […]
Indian Rupee struggles even with a weakened US Dollar
The Indian rupee (INR) has been on a downward trend for four days in a row against the US dollar (USD) as of Tuesday. The USD/INR exchange rate is approaching its all-time high of 91.55, even while the US dollar faces pressure due to a growing conflict between the US and the Eurozone regarding Greenland’s […]