Indian Crude Basket Hits $123.29 as Weak Rupee Inflates Import Costs
Rising global crude prices and a depreciating rupee are squeezing Indian oil marketers, who face mounting losses despite recent hikes in domestic…
Rising global crude prices and a depreciating rupee are squeezing Indian oil marketers, who face mounting losses despite recent hikes in domestic…
The Indian Rupee slips to 95.22 against the US Dollar as high oil prices bolster demand for the greenback, pressuring emerging market…
India's resilient economic growth and upgraded GDP outlook from the RBI are anchoring the rupee, with markets anticipating a potential central bank…
The Indian Rupee struggles against the US Dollar, with the USD/INR pair approaching 95.00 as elevated crude oil prices create significant headwinds…
Rising oil prices have halted the Indian Rupee's recovery, with OCBC strategists highlighting increased external vulnerabilities that pressure the currency against the…
USD/INR climbs to 94.92 as rising crude oil prices and Middle East instability dampen investor sentiment toward the Indian Rupee.
Societe Generale reports that the USD/INR pair is testing the lower bounds of its recent trading range, driven by RBI-led FX support…
USD/INR recovers from seven-week lows as the Indian Rupee fails to sustain momentum, trading higher at 94.78.
The RBI lifted the repo rate to 5.50% and adopted a calibrated tightening stance, signaling a hawkish pivot to combat broadening price…
The Indian Rupee strengthens to a six-week high of 96.30 against the US Dollar, driven by persistent weakness in the greenback following…
Societe Generale warns that limited RBI intervention capacity and elevated short positions could drive further USD/INR gains following last week's 1.9% rally.
The Indian Rupee strengthens to 94.80 against the US Dollar as a correction in US AI-related equities weighs on the greenback's performance.