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1 week ago | 
reuters.com | Nimesh Vora
The Indian Rupee logo is seen inside the Reserve Bank of India (RBI) headquarters in Mumbai, India, December 6, 2024. REUTERS/Francis Mascarenhas/File Photo MUMBAI, May 30 (Reuters) - The Indian rupee is poised to open higher on Friday, after the U.S. dollar’s rally, which was sparked by a U.S. court ruling on tariff policy, proved short-lived. The 1-month non-deliverable forward indicated a open in the 85.36-85.40 range, versus the previous session's close of 85.5075. Sign up here.
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1 week ago | 
reuters.com | Nimesh Vora
A roadside currency exchange vendor counts notes in New Delhi, India, February 10, 2025. REUTERS/Priyanshu Singh/ File Photo MUMBAI, May 29 (Reuters) - The Indian rupee is set to open weaker on Thursday, weighed by the dollar's strength after a U.S. court blocked President Donald Trump’s tariffs. The 1-month non-deliverable forward indicated the local currency would open in the 85.48-85.52 range, compared to a close of 85.36 in the previous session. Sign up here.
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1 week ago | 
reuters.com | Nimesh Vora
MUMBAI, May 28 (Reuters) - The Indian rupee is poised to open slightly weaker on Wednesday, pressured by a recovery in the struggling U.S. dollar following better-than-expected consumer confidence data. The 1-month non-deliverable forward indicated the local currency would open in the 85.38-85.40 range, compared to the close of 85.33 in the previous session. Sign up here.
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1 week ago | 
reuters.com | Nimesh Vora
Indian currency notes are seen inside a drawer at a shop in New Delhi, India, April 3, 2025. REUTERS/Adnan Abidi/File Photo MUMBAI, May 26 (Reuters) - The Indian rupee is poised to kick off the week on a positive note, extending Friday’s rally, buoyed by a strength in Asian currencies which included the Chinese yuan’s surge to a seven-month high.
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2 weeks ago | 
marketscreener.com | Nimesh Vora
Published on 05/23/2025 at 03:20, updated on 05/23/2025 at 03:31 (This May 22 story has been corrected to change 'BofA Research' to 'BofA Global Research' in paragraph 1) MUMBAI (Reuters) -Bofa Global Research expects the Indian rupee to strengthen to 84 per U.S. dollar by December 2025 from a prior forecast of 87, joining peers in turning more bullish on the currency amid improving capital inflows and trade engagement.
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2 weeks ago | 
reuters.com | Nimesh Vora
A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India, April 9, 2025. REUTERS/Francis Mascarenhas/File Photo MUMBAI, May 22 (Reuters) - Bofa Research expects the Indian rupee to strengthen to 84 per U.S. dollar by December 2025 from a prior forecast of 87, joining peers in turning more bullish on the currency amid improving capital inflows and trade engagement.
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2 weeks ago | 
reuters.com | Nimesh Vora
A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi, India, May 24, 2024. REUTERS/Priyanshu Singh/File Photo MUMBAI, May 22 (Reuters) - The Indian rupee is likely to open higher on Thursday, supported by the strength in Asian peers, with investors shying away from the dollar due to U.S. fiscal concerns. The 1-month non-deliverable forward indicated a open in the 85.55 to 85.58 range, versus 85.6375 in the previous session.
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2 weeks ago | 
reuters.com | Nimesh Vora
A roadside currency exchange vendor counts notes in New Delhi, India, February 10, 2025. REUTERS/Priyanshu Singh/ File Photo MUMBAI, May 21 (Reuters) - The Indian rupee is set to open marginally higher on Wednesday, buoyed by a decline in the U.S. dollar after Federal Reserve officials adopted a cautious tone on the U.S. economic outlook. The 1-month non-deliverable forward indicated an open in the 85.56–85.58 range, compared to 85.6350 in the previous session. Sign up here.
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2 weeks ago | 
reuters.com | Nimesh Vora
MUMBAI, May 20 (Reuters) - The Indian rupee is expected to open marginally weaker on Tuesday, pressured by the dip in the yuan amid a cut in China's key lending rates. The 1-month non-deliverable forward indicated that the rupee will open at 85.44-85.46 to the U.S. dollar compared with 85.40 in the previous session. Sign up here. Following the volatility triggered by India-Pakistan tensions, the Indian rupee has settled into a relatively narrow range.
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2 weeks ago | 
reuters.com | Nimesh Vora
A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India, April 9, 2025. REUTERS/Francis Mascarenhas/File Photo MUMBAI, May 19 (Reuters) - The Indian rupee may open little changed on Monday, with traders watching flows, updates on the U.S.-India trade talks, and the Chinese yuan’s trajectory following last week’s turbulence.
