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Rupee closes higher for the fifth consecutive trading session
The rupee closed 20 paise stronger at 94.33 per US dollar against the previous close of 94, lifted by the signing of an agreement by the US and Iran to end the war
Rupee hits record low near 97/USD on oil, US Treasury yield strain
The rupee slid to 96.96 per dollar, breaching its previous record low of 96.6150 hit in the prior session, and ended the day at 96.82
Rupee sinks to all-time low of 96.47 vs USD on mounting external finance pressures, rising US yields
The Indian rupee reached a historic low on Tuesday. Stubbornly high crude oil prices and weaker Asian currencies pressured the rupee. Higher US yields added to the decline. State-run banks sold dollars, suggesting possible central bank intervention. The rupee…
Rupee rises 0.2% to 95.07 vs USD tracking Asian peers, forward premiums retreat
Indian rupee gained ground on Wednesday, mirroring a broader Asian rally fueled by hopes of a U.S.-Iran deal, which eased oil prices. This positive sentiment boosted regional equities, offering a respite to the rupee after hitting a record low. Analysts cont…