The Indian rupee posted its sharpest single-day drop in two weeks on Monday, pressured by dollar bids spurred by the maturity ...
The Reserve Bank of India was likely selling dollars on Tuesday to support the rupee, which was hit by weak global risk ...
The Indian rupee was little changed in early trading on Tuesday, wedged between weak appetite for risky assets and dollar ...
Maturities in the non-deliverable forwards (NDF) market also pressured the currency that has been buffeted by foreign fund ...
The rupee has been the worst-performing Asian currency this year amid persistent portfolio outflows and negative global factors.
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Khaleej Times on MSNIndian rupee falls in early trade; RBI likely selling US dollar to support currencyIndian rupee falls in early trade as RBI likely sells US dollars to support the currency amid weak global risk appetite and ...
Bids to buy dollars at the daily reference rate are likely to be elevated due to the maturity of large positions in the NDF market ... a Singapore-based trader at a bank said.
Elevated interbank dollar demand due to the maturity of positions in the NDF market weighed on the rupee alongside likely outflows from local stocks, a trader at a private bank said. Foreign investors ...
MUMBAI: The rupee, after gaining in the past week, saw its worst single-say fall since February 5, plunging 51 paise or 0.6% to close at 87.21 on Tuesday ...
In addition, it has also been active in the non-deliverable forwards (NDF) market ... did not breach the 87/$ mark again,” said a forex trader at a state-owned bank. On February 11, the local ...
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