[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 […]
Soumya Kanti Ghosh expects 75 bps cumulative rate cut in FY26 amid benign inflation outlook – CNBC TV18
[ad_1] As 2024-25 (FY25) ends, the Indian economy has witnessed significant volatility across key indicators—markets surged and corrected sharply, the rupee fluctuated, and GDP growth saw dramatic swings. With a new fiscal year on the horizon, all eyes are on the trajectory of growth, liquidity, interest rates, and sectoral opportunities. To decode what lies ahead, […]
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 surges 27 paise to settle at 87 against US dollar – CNBC TV18
[ad_1] The rupee surged 27 paise to settle at 87 (provisional) against the US dollar on Thursday following robust macroeconomic data and easing crude oil prices. Besides, recent weakness in the US dollar index also supported the local currency, forex dealers said. However, losses in domestic equities and unabated foreign capital outflows capped the sharp […]
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 jumps 20 paise to settle at 86.92 against US dollar – CNBC TV18
[ad_1] The rupee rebounded sharply and settled with a gain of 20 paise at 86.92 (provisional) against the US dollar on Friday, as the American currency index declined to its five-month-low level and crude oil prices eased on lower demand expectations. Volatile domestic equity market sentiment and uninterrupted outflow of foreign capital, however, weighed on […]
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 […]