Weekly rupee view: Sideways sample to persist

The rupee inched down and closed at 83.50 in opposition to the US greenback on Tuesday. Because the dollar has been flat over the previous week, the home foreign money has additionally maintained a horizontal motion. International flows have been a constructive issue for the Indian unit. In response to NSDL information, internet FPI inflows … Read more

Foreign money Market At the moment: Rupee trades close to all-time low as markets await US CPI and Fed charge determination

The rupee is at the moment buying and selling at 83.56 per greenback, near its all-time closing low of 83.57, which it hit on Tuesday. The foreign exchange market is awaiting immediately’s US Could CPI print and the Fed charge determination. IFA World, in a report, mentioned US headline and core CPI prints are anticipated … Read more

Rupee turns flat at 83.43 in opposition to US greenback in early commerce

The rupee traded on a flat word at 83.43 in opposition to the US greenback in early commerce on Thursday amid a powerful dollar after the American central financial institution determined to maintain rate of interest unchanged. Foreign exchange merchants stated that an upward motion within the crude oil costs additionally pressured the Indian forex. … Read more