Articles

  • 3 days ago | reuters.com | Nimesh Vora

    MUMBAI, June 25 (Reuters) - The Indian rupee is expected to open higher on Wednesday, sustaining its rally past the 86 level, supported by a fall in demand for the safe-haven dollar and upbeat risk appetite following the Israel-Iran ceasefire. The 1-month non-deliverable forward indicated an open in the 85.92-85.96 range, versus 85.9750 in the previous session. The rupee rallied 0.9% on Tuesday, logging its best single-day performance in a month. Sign up here.

  • 3 days ago | reuters.com | Nimesh Vora |Jaspreet Kalra

    A man counts money after withdrawing it from an automated teller machine (ATM) in New Delhi, India, April 3, 2025. REUTERS/Adnan Abidi/File Photo MUMBAI, June 24 (Reuters) - A sharp oil price retreat after the Iran-Israel ceasefire has eased a key threat to the consensus dollar-weakness view, brightening the Indian rupee’s outlook after two weeks of heightened geopolitical risk.

  • 5 days ago | marketscreener.com | Nimesh Vora

    Published on 06/22/2025 at 22:54, updated on 06/22/2025 at 22:59MUMBAI (Reuters) -The Indian rupee is set to open weaker on Monday, pressured by the rise in crude oil prices and risk-off sentiment following the U.S. military action against Iran. Non-deliverable forwards indicate the currency will open around 86.75-86.80 per dollar, compared to 86.5850 in the previous session.

  • 1 week ago | reuters.com | Nimesh Vora

    Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. REUTERS/Priyanshu Singh/File Photo MUMBAI, June 20 (Reuters) - The Indian rupee is likely to open higher on Friday, buoyed by a decline in oil prices and a pullback in the U.S. dollar, while worries over the Israel-Iran conflict continue to linger. Non-deliverable forwards suggest the rupee will open in the 86.60 to 86.64 range, compared to 86.7225 in the previous session.

  • 1 week 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, June 18 (Reuters) - The Indian rupee is set to open weaker on Wednesday, nearing a two-month low, weighed down by rising crude oil prices amid escalating Iran-Israel tensions and concerns over outflows. The 1-month non-deliverable forward indicated a open in the 86.38-86.42 range, versus 86.24 in the previous session.

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