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Rupee steadies to cap rough week dominated by Trump's tariff jolt
The Indian rupee nudged higher on Friday, supported by likely intervention from the Reserve Bank of India, but still logged its worst weekly drop since late 2022 due to worries over U.S. tariffs and sustained foreign portfolio outflows.
Indian rupee may open close to 88-mark against US dollar as Trump announces 25% tariffs on India
According to the Bloomberg data, Indian rupee has depreciated 0.83 percent in last two weeks. On a year-to-date basis, the local currency is under pressure and second worst performing among Asian peers.
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Rupee May Slide To 88.5 Per Dollar As US Tariff Heat Builds: ReportThe report also pointed out that, from a Real Effective Exchange Rate (REER) standpoint, the rupee remains competitively ...
The rupee’s partial comeback is being linked to lower oil prices, with Brent crude slipping to USD 71.48 per barrel. Experts ...
Indian IT services benefit from rupee depreciation against USD in the short term, but long-term outlook remains uncertain.
Rupee appreciates 12 paise to close at 87.53 against the US dollar on lower crude prices and suspected RBI interventions. US ...
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Rupee may depreciate to 88.5 per USD amid fresh US tariffs: ReportThe U.S. Dollar index has declined by 8 per cent so far this year. However, the current month has seen the Dollar index ...
The Indian central bank likely stepped in to support the rupee on Wednesday, five traders told Reuters, as worries over ...
The Indian rupee nosedived to a record low of 87.59 against the dollar, fueled by US tariff fears and persistent local equity outflows.
US tariffs on India trigger rupee depreciation, while mixed economic data and RBI interventions impact currency movement.
The Indian rupee found its footing on Friday after slipping to within striking distance of a record low in the previous ...
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