Tag Archives: Rupee

The Indian rupee remained stable as markets prepare for the U.S. presidential election, showing resilience against regional currency volatility. – vtmarkets.com

Rupee trades at 84.07 near record low as foreign investors sell $8.4B in Indian stocks, keeping equities under pressure. – vtmarkets.com

The Indian rupee stays firm below 84 as the dollar weakens and risk-off sentiment rises. Traders watch for U.S. Fed signals on rate cuts. – vtmarkets.com

The Indian rupee hit a record low of 84.0725 per dollar, pressured by equity outflows, dollar demand, and weak Asian currencies. – vtmarkets.com

The Indian rupee faces challenges breaking past key resistance as traders focus on Fed Chair Powell’s comments and U.S. inflation data. Discover the short-term forecast for USDINR and market implications. -vtmarkets.com

The Indian rupee looks likely to gain momentum after media reports, including those from the Financial Times and Wall Street Journal, indicated that next week’s Federal Reserve decision might involve a larger-than-expected rate cut. -vtmarkets.com

The Indian rupee is likely to start Thursday’s session with little change, despite the U.S. Federal Reserve’s dovish minutes failing to provide a lift to Asian currencies. The 1-month non-deliverable forward (NDF) suggests the rupee (USDINR) will open close to 83.9225, nearly unchanged from the previous session.

The Indian rupee is set to open on a stronger note on Wednesday, buoyed by rising confidence that the Federal Reserve will implement a series of rate cuts this year.

The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday’s close and lifetime low of 83.8450.

The rupee (USDINR) stood at 83.70 against the U.S. dollar as of 11:00 a.m. IST, up from its previous close of 83.72. On Wednesday, the currency had hit a record low of 83.7450. Asian currencies rose between 0.1% and 0.8%, while the dollar index (DXY) was at 104 after declining 0.4% on Wednesday.