The Indian central bank was likely selling dollars on Friday to limit the rupee's losses and prevent it from hitting a record low, five traders told Reuters. The rupee was quoted at 85.77 to the U.S.

The Indian rupee is likely to weaken further against the U.S. dollar in 2025, MUFG Bank’s Michael Wan says in a research report. The rupee will likely be weighed down by factors including a spike in ...

Asian indices traded higher in early trade on Friday even as the Wall Street closed lower. South Korea's Kospi led among ...

The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two ...

The rupee closed at 85.7525 against the US dollar, down 0.1% on the day. While the rupee hit a low of 85.79 during the ...

Neville Ladduwahetty Sri Lanka’s credit ratings are somewhat positive, according to Fitch and Moody’s, but the general rating ...

Recent macro slowdown is attributed to RBI's tight monetary policy and a stiff dollar peg, impacting export competitiveness ...

The Indian rupee extended losing streak and depreciated 9 paise to close at 85.73 (provisional) against the US dollar on Thursday, as strong dollar demand from importers and foreign fund outflows ...

In 2024, the weaker rupee diminished dollar returns for foreign portfolio investors, with the BSE Dollex 30 yielding only 5%.

Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency ...

Rupee dips 11 paise to 85.75 against the US dollar, pressured by strong greenback, foreign fund outflows, and low ...

Indian benchmark indices, Sensex and Nifty50, opened in the red for the second consecutive session on Tuesday, weighed down ...