[ad_1] The rupee jumped above the 85 mark against the US dollar for the first time since December 2024, buoyed by a broad sell-off in the greenback. On Friday (April 4), the Indian currency appreciated 34 paise to 84.96 in early trade, as traders reacted to President Donald Trump’s aggressive new tariff policy and fears […]
US tariffs less worrisome for India; financial market risks loom larger, says Axis’ Neelkanth Mishra – CNBC TV18
[ad_1] The impact of US tariffs on Indian exports may not be a major concern, as the bigger risk lies in financial markets rather than trade, according to Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital. Mishra explained that any changes in US trade policies, particularly under a […]
Rupee trades near its highest level since January 9 – CNBC TV18
[ad_1] The rupee hit a two-and-a-half-month high, rising 12 paise to 85.86 against the US dollar in early trade on Monday (March 24). The currency is inching toward its highest level since January 9, supported by strong domestic inflows. It opened at 85.93 before strengthening. On Friday (March 21), it had gained 38 paise to […]
Rupee near two-month high: Key drivers behind the rally – CNBC TV18
[ad_1] The Indian rupee appreciated by 12 paise to 86.25 against the US dollar in early trade on Thursday (March 20), buoyed by strong domestic equities and a weaker greenback in global markets. This marks a near two-month high for the currency, which has been gaining ground amid foreign bank-led dollar sales and seasonal inflows. […]
Rupee rallies as stronger current account surplus, lower imports boost sentiment – CNBC TV18
[ad_1] The Indian rupee extended its rally, rising 0.3% today after a 0.2% gain on Monday, making it one of the better-performing emerging market currencies. With a 0.5% weekly gain and a 1.5% rise from its February 10th low of 87.95, the rupee has effectively erased one and a half months of losses. Market optimism […]
Former RBI Subbarao defends RBI against blame for economic slowdown – CNBC TV18
[ad_1] Former Reserve Bank of India (RBI) Governor D. Subbarao has defended the RBI against criticisms of slowing economic growth, arguing that the central bank’s tight policies were necessary to control inflation and maintain financial stability. The RBI’s tight liquidity policies led to short-term growth sacrifices, but Subbarao defended them as necessary. He argued that […]
Rupee trades almost flat at 87.22 against US dollar – CNBC TV18
[ad_1] The rupee turned almost flat and traded with a marginal loss of 1 paisa at 87.22 against the US dollar in early trade on Wednesday (March 12) amid volatile sentiment due to uncertainties over trade tariff. According to forex analysts, a strengthening American currency index and a recovery in crude oil prices also added […]
Rupee hits one-week high against dollar: What’s driving the trend – CNBC TV18
[ad_1] The Indian rupee gained 20 paise on Wednesday, March 5, hitting a one-week high of 87.06 per US dollar. The rally was largely driven by the dollar’s weakness, but the rupee’s gains were less pronounced compared to other Asian currencies. Why is the rupee rising? The US dollar slipped to its lowest level in […]
Rupee falls 22 paise to 87.41 against US dollar in early trade – CNBC TV18
[ad_1] The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. At the interbank foreign […]
Rupee rises 14 paise to 86.50 against US dollar in early trade – CNBC TV18
[ad_1] The rupee appreciated 14 paise to 86.50 against the US dollar in early trade on Friday (February 21), fuelled by the broad weakening of the US dollar, which faced downward pressure from lackluster economic data. Company Value Change %Change Forex traders said rupee is expected to trade with a slight negative bias on weak […]