Rupee holds steady, caught between weak risk appetite and expectations of intervention.
Indian Rupee Holds Steady Amid Trade Tensions MUMBAI, Oct 13 – The Indian rupee began the week relatively stable, trading within a narrow range as worries about renewed trade tensions between the United States and China impacted market sentiments. However, anticipated central bank actions helped prevent greater losses. As of 10:30 a.m. ET, the rupee […]
Rupee remains close to record low amid weak Asia and ongoing US trade issues.
Market Update on Indian Rupee Mumbai, September 30 – The Indian rupee is expected to remain near its lower levels as ongoing trade tensions with the US weigh heavily on its stability. These tensions are affecting India’s economic relationships with Washington and contributing to regional instability across Asia. The non-delivery forward indicates that the rupee […]
Rupee declines by 4 paise to 88.30 versus the U.S. dollar in morning trading
The rupee experienced some fluctuation during morning trading on September 15, 2025, weakening by four paise to 88.30 against the US dollar. This decline was influenced by tariff-related pressures affecting India’s exports, which in turn weighed on investor sentiment. Forex traders noted that the rupee was caught in a tight range due to a combination […]
Sending money to India? Will the rupee remain weak against the US dollar and UAE dirham?
Rupee Woes for Indian Expatriates in the UAE Dubai: Indian nationals residing in the UAE are feeling anxious about the rupee’s performance. Last week, it plummeted to a historic low of ₹88.17 per US dollar, while the exchange rate against the UAE Dirham reached ₹24.05. This downturn makes it increasingly challenging for families sending remittances […]
Rupee drops 17 paise to 88.26 versus the U.S. dollar in early trading.
Rupee Depreciates Amid Investor Concerns The rupee fell by 17 paise to 88.26 in early trading on Monday, September 1, 2025, primarily influenced by investor sentiment. Forex traders noted that the rupee started off weak today, with pressures stemming from tariffs imposed by the US and foreign portfolio investment (FPI) outflows impacting the local currency. […]
US Ridicules Indian Rupee at ‘Record Low’, Claims Reserve Currency Is Not an Issue
Trade Relations between India and the US: On August 27, coinciding with the implementation of a hefty 50% tariff on Indian imports into the US, Treasury Secretary Scott Bescent made significant statements underscoring economic tensions as well as ongoing strategic partnership between the two nations. In an interview with Fox News, he dismissed the notion […]
Indian Rupee remains weak amid uncertainty in US-India trade
The Indian rupee is expected to strengthen in early European trading on Tuesday. New tax reforms introduced by Prime Minister Modi’s administration are likely to bolster the INR, though global uncertainties may affect its overall impact. Traders are looking forward to the HSBC PMI data for India to be released on Thursday, ahead of the […]
Indian Rupee stabilizes as easing inflation in India supports expectations for a rate cut by the RBI
Indian Rupee Gains Against the US Dollar Amid Fed Speculation The Indian rupee is making gains against the US dollar, influenced by expectations around the Federal Reserve’s dovish stance. In July, core inflation in the US rose to 3.1%, marking a faster increase. Conversely, India experienced its slowest retail inflation growth in eight years, settling […]
Indian Rupee remains steady as investors anticipate July’s CPI data for India and the US
The Indian rupee has dropped to nearly 87.90 against the US dollar as inflation in India rose moderately in July. India’s retail inflation rate increased to 1.55% year-on-year, marking the lowest level seen in eight years. The US and China have both consented to extend their 90-day tariff ceasefire. On Tuesday, during the latter part […]
The Weakened US Dollar Compared to the Euro, Yen, Canadian Dollar, Dollar Indices, and Softer Currencies such as the Indian Rupee
It’s no longer the cleanest, dirty shirt. Wolf Richter on Wolf Street. The US dollar has dipped against the euro, with the exchange rate now at US$1.16 for 1 euro. This marks the dollar’s lowest point against the euro since November of 2021. Back in early January, there were discussions about the euro depreciating against […]