MUMBAI, Jan 12 (Reuters) – The Indian rupee was trading higher on Friday, surpassing the 83-level against the U.S. dollar, as traders capitalised on the opening decline to build bullish bets on the local currency. The rupee was at 82.9775 to the
MUMBAI, Dec 28 (Reuters) – The Indian rupee was slightly up on Thursday, thanks to the U.S. Federal Reserve’s rate cut expectations, with some analysts reckoning that factor will contribute to the currency seeing a rally in 2024. The rupee was quoted
BENGALURU, Dec 1 (Reuters) – The RBI will keep its key interest rate unchanged at 6.50% for a fifth consecutive meeting on Dec. 8 as inflation worries ebb, according to a Reuters poll of economists who unanimously expect the central bank’s next
MUMBAI, Nov 16 (Reuters) – The Indian rupee is expected to open lower on Thursday after U.S. retail sales fell less than expected, helping the dollar recover from a plunge fuelled by softer-than-expected inflation data. Non-deliverable forwards indicate rupee will open at