The Indian rupee fell to an all-time low on Monday, as stubbornly high energy prices due to the Iran war sent global bond yields soaring, denting risk appetite and deepening economic headwinds confronting the world’s third-largest crude importer. India, being one of the world’s largest oil importers, is highly sensitive to fluctuations in global energy…
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…