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June 11, 2026, 11:08 AM - 2 min read
Strong Foreign Institutional Investor outflows, a weak domestic equity market, and a marginally stronger greenback further weighed on the Indian currency.
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June 6, 2026, 10:13 AM - 2 min read
South Korea’s won has also weakened significantly, falling by around 7 per cent since late February, despite the country’s otherwise strong economic indicators.
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June 4, 2026, 11:25 AM - 2 min read
Foreign and domestic investor sentiment has been weighed down by the possibility of a breakthrough in US-Iran negotiations, even as concerns remain that the conflict could spiral out of control.
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May 29, 2026, 12:02 PM - 2 min read
Forex traders said the agreement is expected to keep trade flowing through the Strait of Hormuz while the two nations continue negotiations on Iran’s nuclear programme.
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May 22, 2026, 10:45 AM - 2 min read
At the interbank foreign exchange market, the rupee opened at 96.30 against the US dollar, then touched 96.18 in early trade, up 18 paise from its previous close.
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May 21, 2026, 04:53 PM - 3 min read
Forex traders said the domestic currency benefited from easing geopolitical tensions and softer oil prices, although market participants remain cautious about continuing geopolitical risks and the sensitivity of crude prices in the global market.
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May 20, 2026, 09:56 AM - 2 min read
At the interbank foreign exchange market, the rupee opened at 96.89 against the US dollar, then slipped further to 96.90, registering a fall of 20 paise from its previous close.
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May 19, 2026, 04:26 PM - 3 min read
The rupee has emerged as Asia’s weakest-performing currency in 2026, falling sharply to a historic intraday low of 96.60 against the greenback.
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May 17, 2026, 11:27 AM - 2 min read
Besides, the Reserve Bank of India has already poured billions of dollars to stabilise the currency, curbed speculative trading, and offered a special credit line to oil importers to ease dollar demand.
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May 6, 2026, 05:50 PM - 3 min read
Forex traders noted that with the rupee having faced sustained pressure recently, the Reserve Bank of India is actively exploring a ‘non-direct’ approach to stabilise the currency rather than relying heavily on forex reserves.
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May 1, 2026, 07:22 PM - 2 min read
"Thus, 98.47 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, have since been returned," the Reserve Bank said in a statement.
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April 22, 2026, 06:12 PM - 3 min read
At the interbank foreign exchange market, the rupee opened at 93.69 and fell to an intraday low of 93.87 against the greenback, coming close to the 94 level it had touched for the first time on March 23.
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