The softer tone also allowed emerging market currencies, including the rupee, to recover slightly from their lowest levels during the day. However, this support was limited and short-lived.
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Anindya Banerjee of Kotak Securities added that the rupee situation should improve considerably once the Reserve Bank of India steps in.
The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars ...
(Reuters) -Long positions on most Asian currencies dwindled over the past fortnight as market participants took a cautious view of the U.S. dollar, while sentiment towards the Indian rupee turned ...
By Nimesh Vora and Dharamraj Dhutia MUMBAI, Jan 7 (Reuters) - UBS Investment Bank expects the Indian rupee to weaken to 92 per U.S. dollar by March, making the case that any relief from a potential U.
The domestic currency fell to a low of 91.06 against the dollar during intra-day before settling at 90.98, down 6 paise from ...
The Indian rupee is falling as foreign investors withdraw funds and the RBI sells dollars. A trade deal with the US could ...