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Rupee edges up 1 paisa at 83.32 against US dollar

Forex traders said foreign capital outflows also weighed on the rupee. However, a soft US dollar against key rivals overseas supported the domestic currency.

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Business News | Indian Rupee Exhibited Lowest Volatility in Three Years During 2023-24

Get latest articles and stories on Business at LatestLY. The Indian currency Rupee was the least volatile major currencies among its emerging market peers and a few advanced economies in the just-concluded financial year 2023-24, according to the Monthly Economic Review report of the Department of Economic Affairs under the Ministry of Finance. Business News | Indian Rupee Exhibited Lowest Volatility in Three Years During 2023-24.

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USD/INR rebounds amid firmer US Dollar, hawkish Fed stance

USD/INR rebounds amid firmer US Dollar, hawkish Fed stance
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Rupee ends moderately higher as oil firms' dollar bids curb upside

The dollar index was up about 0.2% at 105.8, trimming its losses from Tuesday after data showed that U.S. business activity eased to a four-month low in April due to weaker demand.

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Rupee settles on flat note, up 1 paisa at 83.30 against US dollar

Forex traders said elevated crude oil prices and significant foreign fund outflows in the international market dented investors' sentiments.

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Rupee settles on flat note, up 1 paisa at 83.30 against US dollar

Rupee settles on flat note, up 1 paisa at 83.30 against US dollar
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USD/INR loses traction ahead of Indian and US PMI data

USD/INR loses traction ahead of Indian and US PMI data
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Rupee little changed, tracking mostly rangebound Asian peers

The rupee was at 83.3275 against the U.S. dollar as of 10:10 a.m. IST, mildly higher than its close of 83.3625 in the previous session.

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Mint Explainer: Why India's push for global trade payments in rupees has had limited success

The government has encouraged large oil exporters to accept the rupee to settle trades, while the RBI has allowed banks in 18 countries to open special accounts to settle transactions in rupees. But progress on turning the rupee into a hard currency has been slow so far.

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Bank of Maharashtra simplifies banking for NRIs: Bridging distances, managing finances

Bank of Maharashtra simplifies banking for NRIs: Bridging distances, managing finances
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