Advertisement
Indian Rupee Hits 5-day Low Against U.S. Dollar
(RTTNews) - The Indian rupee fell against the U.S. dollar in evening deals on Wednesday, as oil prices rose and caution prevailed ahead of the Federal Reserve's interest rate decision due out later today.
The Fed is expected to raise interest rates by 75 basis points for the second straight month when it concludes its two-day meeting at 2 pm ET.
Oil prices advanced following an industry data showing a larger-than-expected drawdown in U.S. crude stockpiles last week.
The Indian rupee neared the key 80-mark against the greenback, touching a 5-day low of 79.92. The rupee is likely to locate downside target around the 80.2 level.
read more
Indian Rupee Falls To Near 1-1/2-month Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Thursday.
RTTNews
|
vor 21 Tagen
Indian Rupee Falls To 5-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Wednesday.
RTTNews
|
vor 29 Tagen
Indian Rupee Rises To 4-day High As Border Tensions Ease
The Indian rupee strengthened against the U.S. dollar in the Asian session on Monday, as investors reacted to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
RTTNews
|
vor 31 Tagen
Indian Rupee Falls To Near 4-week Low Amid India-Pakistan Tensions
The Indian rupee weakened against the U.S. dollar in the European session on Thursday, as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk.
RTTNews
|
vor 35 Tagen
Indian Rupee Rises On Trade-deal Hopes
The Indian rupee strengthened against the U.S. dollar in the European session on Wednesday, as investor mood was bolstered by trade-deal prospects and foreign fund inflows.
RTTNews
|
vor 43 Tagen
Indian Rupee Falls To 2-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Wednesday, as terrorist attacks in Kashmir, India, weighed on sentiment.
RTTNews
|
vor 50 Tagen
Indian Rupee Falls To 3-week Low As RBI Cuts Repo Rate By 25 Bps
The Indian rupee weakened against the U.S. dollar in the European session on Wednesday, after the Reserve Bank of India reduced its key policy rates for the second straight meeting and also changed its monetary policy stance to accommodative.
RTTNews
|
vor 64 Tagen
Indian Rupee Rises To Near 4-month High Amid Trump's Reciprocal Tariffs
The Indian rupee strengthened against the U.S. dollar in the early European session on Friday, as a weakening dollar, plunging oil prices and expectations for accelerated Federal Reserve interest-rate cuts supported the INR.
RTTNews
|
vor 69 Tagen
