The Indian rupee was marginally weaker on Friday as the impact of heightened dollar demand, spurred by the maturity of ...
The Indian rupee weakened to its lifetime low on Tuesday, pressured by strong dollar bids spurred by the maturity of ...
The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian ...
The Indian rupee edged lower on Friday, trading at 86.5850 against the U.S. dollar by 09:55 a.m. IST, compared to its ...
Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, ...
The rupee closed at a new lifetime low of 86.55 on January 14, according to the Reserve Bank of India, having fallen 2.6 per ...
The dollar index inched up to 109.14 compared to 108.98 on Wednesday. The index measures the strength of the greenback ...
On the day, gains in most Asian currencies were of little help to the rupee in the face of heightened dollar demand driven by banks exploiting arbitrage opportunities between the NDF and onshore ...
The NDF maturity-spurred dollar bids also meant that the rupee was unable to benefit from a broadly softer dollar and a decline in U.S. bond yields. The dollar index was at 109, after declining ...
MUMBAI (Reuters) - The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the rupee and ...