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Rupee rises 8 paise to 83.23 against US dollar in early trade

Forex traders said investor sentiments got a boost as crude oil prices retreated from their elevated levels, while the strength of the American currency in the overseas market weighed on the local unit and restricted the up move.

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Rupee vs Dollar: INR to remain range bound in near term, offer hedging opportunities to importers, exporters

Flows from foreign portfolio investors (FPIs) would have an impact on the movement of rupee against the US dollar bringing it to the downside on occasion.

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India Creating Digital Rupee, 30% Tax on Virtual Assets :Nepal News

India Creating Digital Rupee, 30% Tax on Virtual Assets : Rashtra News #India #Creating #Digital #Rupee #Tax #Virtual #Assets India will soon develop its own digital currency, a digital rupee that will finally legalize virtual currencies. In her 4th Union Budget Speech, India’s Finance Minister Nirmala Sitharaman said India’s virtual currency will be based on

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Rupee: Rupee closes at fresh low of 83.44 - The Economic Times

On Wednesday, the local unit had closed at 83.4350. So far in 2024, the rupee has depreciated 0.3% against the US dollar on a closing basis.

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RBI MPC: Rupee sees marginal gains against dollar, likely to trade in narrow range, say experts

The rupee was little changed at the opening time on Friday amid expectations that the country's central bank will intervene, which countered weak risk appetite, a stronger US dollar and rising oil prices.

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rupee: Flaring crude, US yields push rupee to lowest close of 83.44

The domestic currency closed at 83.44 per US dollar on Wednesday, sliding from 83.38 Tuesday. So far in 2024, the Indian currency has depreciated 0.3% against the US dollar.

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Re closes at new low of 83.45 on oil price surge

India Business News: Mumbai's rupee reached 83.45 against the US dollar due to $90/barrel Brent crude. Factors included all-time low on March 22, Jateen Trivedi's analysis

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rupee vs dollar: Why is rupee at an all-time low when all economic indicators are favourable? Indranil Sengupta explains

Indranil Sengupta discusses the impact of a strengthening dollar on the rupee, emphasizing the importance of building forex reserves. He forecasts rate cuts, strong growth, and a rally in bond yields by mid-2025. He also says that "inflation is yesterday's story. We are moving from El Nino to La Nina. So, food inflation will come down."

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