The Indian rupee has staged a striking reversal, from being among Asia’s worst-performing currencies earlier this year (CY2026) to emerging as one of the region’s strongest performers in recent weeks,
Asian Currency
The Indian rupee touched a six-month high of 93.70 against the US dollar on November 9. The recovery from its recent weakness came due to improved global investor sentiment, along
Foreign portfolio investors (FPIs) increased their investments in government securities under the Fully Accessible Route (FAR) by nearly ₹8,000 crore in the first week of November, amid a strengthening rupee
(Updates for market open)By Nimesh VoraMUMBAI, - The rupee extended its rally on Monday, hitting a six-month high and putting potential dollar purchases by the Reserve Bank of India in
The Indian rupee opened 10 paise stronger against the US dollar on Monday (November 9) at 93.81, compared with its previous close of 93.91, as improved sentiment around global technology
Indian Overseas Bank (IOB) on Monday launched its Central Bank Digital Currency (CBDC) application (IOB Digital Rupee), enabling customers to transact conveniently using India’s Digital Rupee (e₹) through a secure
The Indian rupee's recent rally could face a test on Monday, with a tentative pause in AI-related market jitters potentially slowing the diversification flows into local assets.The rupee is expected
India's foreign exchange reserves are facing fresh pressure, putting the spotlight on the Indian Rupee and the country's economic health. The Reserve Bank of India (RBI) reported a $2.69 billion drop
The Indian rupee extended its gains, supported by easing crude oil prices and renewed foreign inflows. The rupee strengthened past the 93 mark to close at 93.91 against the dollar
(Updates copy to reflect rupee's relative outperformance)By Nimesh VoraMUMBAI, - The Indian rupee is regaining appeal among emerging-market currencies after spending much of the year in the doldrums, as the
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