Trend Rupee and Forex Movement - Latest news, views and updates

TREND | 01 Apr 2024

India currency, debt markets closed on April 1

Economic Times

The Indian rupee fell by a slight 0.03% to close at 83.40 per U.S. dollar on Thursday, pressured by weak Asian peers and strong dollar demand from local companies.

Rupee and Forex Movement

TREND | 01 Apr 2024

Currency Watch

Rupee and Forex Movement

SBI Securities

The USDINR traded in a tight, narrow range on Thursday, as inflows into the domestic market are offsetting the impact of the firm dollar and subdued movement in Asian
currencies. Analysis of the weekly option chain shows that the highest Call open interest buildup is seen at the 83.50, while, on the Put side, the highest open interest build-up is seen at the 83.25 strike.

Rupee and Forex Movement

TREND | 29 Mar 2024

India Forex Reserves Rise By $140 Million To $642.63 Billion, Says RBI

NDTV Profit

Foreign currency assets, a significant component of the reserves, decreased by $123 million to $568.264 billion.

Rupee and Forex Movement

TREND | 28 Mar 2024

PhonePe Users Can Now Make UPI Payments In UAE Via NEOPAY Terminals

NDTV Profit

The transactions will be facilitated by the Unified Payments Interface. The account debit will occur in Indian rupee, showing the currency exchange rate, PhonePe said in a statement.

Rupee falls 6 paise to settle at 83.39 against US dollar

Business Line | 28 Mar 2024 9 more

Rupee and Forex Movement

TREND | 28 Mar 2024

Currency Watch

Rupee and Forex Movement

SBI Securities

The USDINR traded slightly higher on Wednesday, tracking firm greenback in
the overseas market and dollar demand from oil importers. Analysis of the weekly option
chain shows that the substantial open interest build-up is seen at the 83.50 and 83.75 strikes, while, on the Put side, the highest open interest build-up is seen at the 83.25 strike.

Rupee and Forex Movement

TREND | 26 Mar 2024

Currency Watch

Rupee and Forex Movement

SBI Securities

The USDINR pair wrapped up the day on an all-time high on Friday, mirroring
the strength of the US dollar and the weakness observed in Asian currencies. The dollar index has marked a high of 104.50, and along with the surge, it has reclaimed its short and long-term moving averages.

Rupee and Forex Movement

TREND | 24 Mar 2024

Forex reserves + Rupee

Business Line

India holds the fourth largest foreign exchange (forex/Fx) reserves in the world. China, Japan and Switzerland are the top three holders of forex reserves

Rupee and Forex Movement

TREND | 23 Mar 2024

Currency Outlook: Rupee poised near a critical level

Business Line

83.55 is crucial support which has to hold to arrest the fall

Rupee and Forex Movement

TREND | 23 Mar 2024

Market posts moderate gains amid volatility; IT stock worst hit

Moneycontrol

The Indian rupee fell 54 paise against the dollar in the week ended March 22 as it closed at 83.42 versus the March 15 closing 82.88.

Rupee and Forex Movement

TREND | 22 Mar 2024

Rupee closes at a record low of 83.4250/$

Business Line

G-Secs yields rise due to record borrowing plans of States at the next weekly auction