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Nomura predicts a stronger Indian Rupee against the US Dollar by December 2025. They expect the Rupee to reach 84 per dollar. This forecast by Nomura is based on a weaker dollar index and ...
MUMBAI, April 25 (Reuters) - The Indian rupee is likely to sidestep the regional downtrend on Friday, with support coming from the encouraging intraday reversal seen in the previous session.
The rupee pared its initial gains and settled for the day lower by 7 paise at 85.40 against the US dollar on Friday, amid heightened geopolitical tensions and a negative trend in the domestic markets.
The market is reacting to increased geopolitical uncertainty. Risk aversion typically leads to rupee weakness in such scenarios. At the interbank foreign exchange market, the rupee opened at 85.60 and ...
At the interbank foreign exchange, the rupee opened at 85.11 and moved between 85.07 and 85.23 through the day, ultimately ending its five-day winning streak. On Monday, the currency had appreciated ...
Global brokerage Nomura estimates the rupee to appreciate to around 84/$ by the end of the year, and sees muted returns of low-single digits for the Nifty 50 in the current financial year.
MUMBAI, April 24 (Reuters) - The Indian rupee ended higher on Thursday as speculators failed to take the unit below a well-recognised support level, with dollar sales by exporters also helping.
The rupee consolidated in a narrow-range and settled for the day lower by 8 paise at 85.23 (provisional) against the U.S. dollar on Tuesday (April 22, 2025), as the support from positive domestic ...
The rupee depreciated 22 paise to 85.67 against the U.S. dollar in early trade on Thursday (April 24, 2025), weighed down by negative domestic equities amid significant geopolitical escalation ...
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 97.05, with the EUR/INR pair rising ...
The Pakistani rupee saw slight improvement against the US dollar, appreciating 0.04% in the inter-bank market on Tuesday. At close, the currency settled at 280.77, a gain of Re0.10 against the US ...
The Pakistani rupee registered marginal decline against the US dollar as it depreciated 0.07% in the inter-bank market on Wednesday. At close, the local currency settled at 280.97 against the ...
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