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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 5, 2026, 10:24 AM - 2 min read
Kunal Sohani, Head of Treasury at Shinhan Bank, said, “We expect the RBI to keep rates unchanged while emphasising vigilance on inflation risks and maintaining adequate liquidity to ensure orderly market conditions.”
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May 14, 2026, 11:01 AM - 2 min read
At the interbank foreign exchange market, the rupee opened at 95.74 before slipping further to 95.86 against the US dollar, registering a fall of 20 paise from its previous close.
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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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April 24, 2026, 10:40 AM - 2 min read
Analysts noted that, despite a ceasefire between the United States and Iran, ship movement through the Strait of Hormuz remains uncertain after the US military seized another Iranian oil tanker on Thursday. The move has intensified the standoff and unsettled global fuel prices.
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April 22, 2026, 10:13 AM - 2 min read
The rupee plunged 28 paise to settle at 93.44 against the US dollar on Tuesday, a day after losing 25 paise on Monday. The currency had gained 47 paise in the preceding two sessions.
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