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RUPEE FOR TRADE
Rupee rises 20 paise to 94.20 against US dollar in early tradeThe rupee strengthened by 20 paise to 94.20 against the US dollar in early trade on Friday, fueled by optimism surrounding India-US trade n...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Rupee posts longest winning run in a year on exporter flows, bank dollar salesThe Indian rupee strengthened against the U.S. dollar for the fifth day straight, marking its longest rally in a year. Lenders and exporter...
Rupee hits six-week high on offshore, exporter flowsThe Indian Rupee saw a remarkable resurgence on Thursday, hitting a six-week high after a period of weakness influenced by the Federal Rese...
Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers sayThe Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...
Rupee falls 21 paise to 94.71 against US dollar in early tradeThe rupee depreciated 21 paise to 94.71 against the US dollar due to the US Federal Reserve's hawkish stance and a strong dollar index. Asi...
NSE’s IPO may deliver 6,400-fold return for early backersNSE’s upcoming IPO is set to generate extraordinary returns for early investors, with some public sector and institutional backers reportin...
Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict loomsThe Indian rupee closed almost flat against the US dollar on Wednesday. Earlier gains were erased as corporate and importer demand for doll...
Rupee rises for a 3rd day as crude fallsThe Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This rise was driven by retreating oil pr...
Rupee extends winning streak to 3rd day, settles at 94.56 vs USD amid oil slideThe Indian rupee strengthened for a third consecutive session, gaining 15 paise to close at 94.56 per US dollar in a range-bound trade. The...
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
India's export outlook is challenging for FY27, but worst is over: Elara SecuritiesIndia's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appe...
Rupee inches up, Iran deal longevity worries and hedging dragThe Indian rupee saw a modest rise against the U.S. dollar, influenced by a U.S.-Iran truce but tempered by importer hedging and skepticism...
Rupee also rises to 5-week high on peace deal hopesThe Indian rupee reached a five-week high on Monday. Benchmark bond yields fell to their lowest since mid-April. This surge followed news o...
Rupee hits five-week high, ends at 94.71 vs USD on easing Mideast tensionsThe rupee rose 40 paise to close at 94.71 against the US dollar, hitting a five-week high as easing geopolitical tensions in West Asia boos...
India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
Rupee rises 58 paise to 94.60 against US dollar in early tradeThe Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between t...
Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...