-
Asian currencies gain as dollar weakens, but rupee lags on domestic headwinds
10 Jul 2025 02:46 GMT
… gains.
In contrast, the rupee underperformed, reflecting India's domestic fundamentals … by the Reserve Bank of India (RBI) on both sides and … ," Abhilash Koikkara, head of forex and commodities, Nuvama, said in …
-
Govt enacts law to regulate VAs, plans pilot for digital currency
10 Jul 2025 00:56 GMT
Pakistan has formally enacted its first law to regulate virtual assets, establishing a federal authority to license and oversee crypto-related businesses, the finance ministry said on Wednesday, as the country joins a growing list of nations adopting …
-
Indian rupee, forward premiums tread water with Fed minutes and tariffs in focus
09 Jul 2025 13:11 GMT
MUMBAI: The Indian rupee closed nearly unchanged on Wednesday, … tariff blitz to weigh on Indian rupee, hurts Asia FX
India’s …
-
Rupee rises 21 paise to close at 85.73 against US dollar
09 Jul 2025 18:28 GMT
… markets further boosted the rupee, according to forex traders.
At the … US-India (pact) being concluded today (Tuesday), keeping rupee on … at Mirae Asset Sharekhan, rupee gained due to weak US … may weigh on the domestic currency,” Choudhary said, adding, “USD …
-
Indian rupee drops - can it go back to 23.5 to AED?
09 Jul 2025 05:33 GMT
… when to send remittances to India, NRIs 'could consider … to decide," said a currency exchange house official. " … a possible trade deal between India and the US. President … RBI intervention in the currency markets. The rupee’s movement appears to …
-
Trump’s tariff blitz to weigh on Indian rupee, hurts Asia FX
09 Jul 2025 04:08 GMT
MUMBAI: The Indian rupee is poised to open weaker … the rupee will react in kind,” said a Mumbai-based currency trader … acted a support level for rupee in recent sessions, with exporter … .S. tariff on Singapore, with India, Korea, and Malaysia witnessing a …
-
India News | No Plan to Introduce Rs 50 Coin as People Prefer Banknotes, Centre Tells Delhi HC
09 Jul 2025 14:25 GMT
… seeking directions to produce currency notes and coins, particularly … amp; Currency Division said, "The Reserve Bank of India conducted … in the denominations of one rupee, two rupees, five rupees … ," the coin and currency division said.
However, such …
-
Why a BRICS currency and de-dollarisation are not in India’s interest
09 Jul 2025 09:55 GMT
… in global trade. The Indian rupee, by contrast, is … currency could diminish the relative value of the rupee. This would weaken India … though with Russia, India maintains a friendly strategic … necessitate a common currency. Local currency trading, when conducted …
-
Rupee falls 17 paise to 85.90 against US dollar in early trade
09 Jul 2025 09:12 GMT
… to forex traders.
At the interbank foreign exchange, the rupee opened … its previous close.
The rupee rose 21 paise to close … LLP, said.
"The rupee gained (on Tuesday) on expectations … US-India mini trade deal but none came through overnight. The currency …
-
Indian rupee inches up tracking regional peers, spotlight stays on tariffs
08 Jul 2025 11:58 GMT
… day in two weeks.
India’s benchmark equity indexes logged … weakness in the dollar.
Indian rupee to track Asian peers lower … a note.
The local currency was supported by modest interbank … towards 85.
Meanwhile, dollar-rupee forward premiums retreated as traders …