The Indian Rupee strengthens after the RBI delivers a surprise 50 basis points interest-rate cut, larger than expected. USD/INR retreats from 86.00 but holds above…
The USD/INR gives up initial gains and falls to near 85.70 even as the RBI has cut its Repo Rate by 50 bps to 5.5%.…
USD/INR trades near 85.80, snapping a two-day winning streak as the US Dollar weakens on soft US data. Indian equities rise; Sensex gains 444 points,…
Indian Rupee trades flat in Thursday’s Asian session. Rising US Dollar demand and foreign equity outflows could weigh on the INR. The US Balance of…
Indian Rupee edges lower in Wednesday’s early European session. Higher crude oil prices weigh on the INR, but a softer US Dollar and foreign inflows…
Indian Rupee loses traction in Tuesday’s early European session. The renewed US Dollar demand and higher oil prices weigh on the INR. Investors await the…
Indian Rupee weakens in Monday’s Asian session. Higher oil prices and RBI rate cut bets weigh on the INR, but stronger GDP data from India…
Indian Rupee posts modest gains in Friday’s Asian session. The downbeat US economic data and uncertainty of Trump’s policies weigh on the US Dollar. Traders…
USD/INR trades sideways near 85.41, pushing prices into a zone of consolidation. Moving averages are converging tightly, indicating low volatility and a potential breakout. Support…
Indian Rupee trades weaker in Thursday’s Asian session. The month-end US Dollar bid and Trump’s headline weigh on the INR. The second estimate of the…