By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is expected to open marginally higher on Tuesday, building on the modest relief from the previous session, though sentiment remains fragile amid concerns over the fallout from higher U.S. tariffs. The 1-month non-deliverable forward indicated the rupee will open in the 88.10 to 88.14 range versus the…
By Jaspreet Kalra MUMBAI (Reuters) -The Indian rupee is poised to weaken past the psychologically important 87-per-dollar level on Wednesday after U.S. President Donald Trump pointed to a likely 20%-25% tariff on Indian exports to the U.S., compounding pressure from sustained portfolio outflows. The 1-month non-deliverable forward indicated the rupee will open in the 87.11-87.13…
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to open slightly higher on Tuesday, supported by a retreat in the dollar index that was largely triggered by a post-election rally in the Japanese yen. The 1-month non-deliverable forward indicated the rupee will open in the 86.20-86.22 range, versus 86.2925 in the previous session….
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is likely to open weaker on Monday after fresh tariff threats from U.S. President Donald Trump intensified concerns over trade tensions, sparking risk aversion and weighing on Asian currencies. The 1-month non-deliverable forward indicated an open in the 85.90-85.94 range versus 85.80 on Friday. Most Asian currencies…
Indian equity indices are expected to open on a positive note following mixed global cues. The Asian indices were mixed in morning trade. The GIFT Nifty was trading 0.15% higher at 25,532. Here are key global cues to watch before the market opens that include crude oil prices, FII and DII data, business groups that…
MUMBAI (Reuters) – The Indian rupee is likely to rally at open on Friday, lifted by the dollar’s slump likely triggered by investors exiting from U.S. assets amid mounting U.S. and China trade frictions. The 1-month non-deliverable forward indicated that the rupee will open at 86.18 to 86.20 against the U.S. dollar compared with 86.6875…
By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee closed nearly flat on Wednesday after facing pressure early in the session, which was countered by dollar sales by state-run banks and as traders awaited the U.S. Federal Reserve’s monetary policy decision. The rupee closed at 86.54 against the U.S. dollar, barely changed from its close…
The Indian markets are shut on account of Assembly Elections in Maharashtra but globally its a positive day of trade. Asian markets have opened higher and US too closed in the green after a volatile session on Tuesday. Investors are looking forward to appointments by US President-elect Donald Trump Meanwhile, oil prices saw a modest…