Rupee

Markets

Rupee opens 6 paise lower at 95.66 against US dollar

The rupee fell 6 paise to 95.66 against the US dollar due to rising crude prices and US bond yields. The RBI's decision to shorten the foreign-currency deposit swap facility also pressured the currency amid concerns over energy supplies and US fiscal issues.

3 min read09:08 AM IST
Markets

Rupee opens 5 paise lower at 95.48 against US dollar

The rupee opened lower at 95.48 against the US dollar, pressured by the RBI's early deadline for forex swap facilities. Despite weaker dollar expectations, geopolitical risks and domestic factors could add volatility, with experts warning of potential weakness ahead.

3 min read17 Aug 2026
Markets

Rupee opens 6 paise higher at 95.38 against US dollar

The Indian rupee opened higher at 95.38 against the US dollar, aided by a pullback in crude oil prices. Despite the modest decline of 0.2% for the week, RBI interventions have limited its fall, while foreign investments remain supportive amid a softer dollar outlook.

2 min read14 Aug 2026
Economy

Dollar race: Foreign banks ramp up FCNR deposits, narrow gap with locals

Such deposits at foreign banks surged nearly 15-fold to $8.97 billion as on 30 July, from just $603 million on 5 June, official data showed. Among the biggest gainers, HSBC saw outstanding FCNR deposits jump from $120.26 million to $6.26 billion, while Standard Chartered mobilised $1.86 billion.

4 min read10 Aug 2026
Markets

Rupee opens 6 paise lower at 95.28 against US dollar amid spike in crude oil prices

The rupee opened lower at 95.28 against the US dollar, impacted by rising crude oil prices and expectations of a hawkish Fed. Market watchers await the US jobs report for insights into monetary policy and currency direction, amid geopolitical tensions affecting oil supply.

2 min read7 Aug 2026
Markets

Rupee opens flat at 95.13 against US dollar

The Indian rupee opened flat at 95.13 against the US dollar, supported by US dollar weakness and stable Brent crude prices. Despite a brief dip to 95.25, the currency has recovered nearly 1.7% from recent lows amid fluctuating oil prices and demand from importers.

3 min read6 Aug 2026
Economy

RBI to let special forex deposit window close on schedule despite strong flows, sees healthy BoP surplus in FY27

Governor Sanjay Malhotra said $40.8 billion in rapid dollar inflows have fortified external buffers, boosting confidence in the rupee and expanding the FY27 balance of payments outlook.

4 min read5 Aug 2026
Markets

Rupee jumps 29 paise to open at three-week high of 95.39 against US dollar

The Indian rupee rose by 29 paise to 95.39 against the US dollar on July 31, driven by the dollar's decline, crude oil price easing, and RBI's support. The rupee has gained 0.9% this week, outperforming other Asian currencies amid ongoing RBI interventions.

2 min read31 Jul 2026
Industry

RBI's special forex window could draw up to $85 billion, says SBI Research

FCNR(B) deposits could reach $65-70 billion by September-end, with total foreign currency inflows from the RBI's special measures projected at $80-85 billion, though the report warned that sustained rupee weakness could undermine gains.

4 min read27 Jul 2026
Markets

Rupee opens 41 paise higher at 96.15 against US dollar amid easing crude oil prices

The Indian rupee strengthened to 96.15 against the dollar due to a drop in crude oil prices. Despite temporary relief, experts warn of ongoing geopolitical risks and seasonal pressures that could challenge the currency's stability in the near future.

3 min read27 Jul 2026