Forex traders said surging U.S. bond yields are rattling global investors. Moreover, the narrowing yield differential between India and the U.S., is making Indian assets less attractive. Representational file image. | Photo Credit: The Hindu Rupee depreciated 37 paise to close at 85.96 (provisional) against the U.S. dollar on Thursday (May 22, 2025), on dollar…
At the interbank foreign exchange, the domestic unit opened at 85.59 and fell further to 85.71 before trading again at 85.63 against the greenback, registering a fall of 23 paise from its previous close. Representational file image. | Photo Credit: The Hindu The rupee fell 23 paise to 85.63 against the U.S. dollar in early…
Image for representational purposes only. The rupee declined 10 paise to close at 85.48 (provisional) against the U.S. dollar on Thursday (May 29, 2025) due to a strong American currency against major crosses overseas and rising global crude oil prices. However, positive domestic equity market and foreign fund inflows supported the local currency and restricted…
Forex traders said that a steady inflow of foreign funds supported the domestic unit even as investors stayed cautious, awaiting domestic GDP data to be released later in the day. Representational file image. | Photo Credit: Reuters The rupee pared its initial gains to settle 8 paise lower at 85.56 (provisional) against the U.S. dollar…
Image for representational purposes only. | Photo Credit: Reuters The rupee depreciated 25 paise to 85.86 against the U.S. dollar in early trade on Wednesday (June 4, 2025) amid outflows of foreign funds. Forex traders said the decline was limited by a positive domestic equity market, softer global crude oil prices and a weak American…
Foreign institutional investors sold equities worth ₹2,853.83 crore on a net basis on June 3, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated for the second consecutive session and settled for the day lower by 29 paise at 85.90 (provisional) against the U.S. dollar on Wednesday (June 4, 2025), dragged down…
Image for representational purposes only. | Photo Credit: R. Ragu The rupee depreciated 9 paise to 85.96 against the U.S. dollar in early trade on Thursday (June 5, 2025), weighed down by dollar demand from foreign investors, oil companies, and importers. Forex traders said market participants are now keenly awaiting the outcome of the Reserve…
Moreover, a surge in the domestic markets supported the rupee at lower levels, with both the indices settling with gains of over 1%. File | Photo Credit: Reuters The rupee pared initial losses and appreciated 11 paise to close at 85.68 (provisional) against the U.S. dollar on Friday (June 6, 2025), after the Reserve Bank…
Representational image only. File | Photo Credit: The Hindu The Rupee appreciated by 14 paise to close at 86.59 (provisional) against the U.S. dollar on Friday (June 20, 2025) aided by a fall in global crude oil prices and a weakening greenback. A strong show in the domestic equity markets and FII inflows further supported…
