It appreciated to 81.14 against the US dollar in early trade on Tuesday; forex traders said sustained foreign fund inflows have supported the currency
It appreciated to 81.14 against the US dollar in early trade on Tuesday; forex traders said sustained foreign fund inflows have supported the currency
It depreciated 15 paise to 80.93 against the US dollar in early trade on Monday, in line with a muted trend in the Indian equities
The currency has lost 11 per cent since January 2022, and could weaken further due to rising crude oil prices
Foreign Institutional Investors net sellers in the capital markets as they offload shares
Sterling sank 1.2 per cent to $1.1188 after Prime Minister Liz Truss dismissed chancellor of the exchequer
A fall in the crude prices could aid sentiments, but most Asian and emerging market peers were weaker on Thursday morning
Oil prices rose on the back of a 'deep' supply cut by Opec and its allies
The currency strengthened from 64.5 on September 21 to 60.1 on Thursday
Global oil benchmark Brent crude futures surge
The strong dollar is testing the region’s defenses, forcing central banks to use their war chests to prop up their currencies — mainly by buying their own currencies and selling dollars