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March 30, 2026, 06:49 PM - 3 min read
The Indian rupee briefly breached the 95-per-US-dollar level during intra-day trading on Monday before recovering slightly to settle at 94.78 (provisional), marking a gain of 7 paise against the US dollar.
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March 30, 2026, 11:35 AM - 2 min read
The Central Bank directed banks to limit their net open position (NOP-INR) in the foreign exchange market to $100 million, with compliance required by April 10. Investors said the rupee opened stronger as banks, which generally hold long positions, began cutting their exposure in the onshore currency market following the RBI directive.
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March 27, 2026, 09:48 AM - 2 min read
On Friday, the rupee fell to 94.15 against the dollar, shattering the previous all-time low of 93.98 hit earlier this week. The currency has depreciated by nearly 3.5 per cent since the start of the conflict in Iran over a month ago.
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March 25, 2026, 07:50 PM - 2 min read
Despite declines in global crude oil prices, a weaker greenback and positive sentiment in domestic equity markets, the local currency remained under pressure, forex traders said.
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March 25, 2026, 10:11 AM - 2 min read
However, a drop in global crude oil prices, a weaker greenback, and a strong opening at the domestic equity markets prevented sharper losses in the local unit, forex traders said.
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March 18, 2026, 05:24 PM - 2 min read
The rupee logged its record intra-day low of 92.65 during the session.
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March 17, 2026, 11:54 AM - 2 min read
The rupee had dived to an intraday low of 92.48 on March 16 but recovered to close at 92.42 the previous day. Traders attributed the rebound to aggressive dollar-selling by the RBI.
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March 12, 2026, 10:35 AM - 2 min read
LNG production in Qatar has also been reduced to just 25 per cent of normal levels after repeated drone and missile strikes from both Iran and Israel.
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February 27, 2026, 10:59 AM - 2 min read
The constant negative performance of the domestic market, which is under pressure amid rising AI challenges, has also weighed on sentiment.
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February 24, 2026, 01:05 PM - 2 min read
At the interbank foreign exchange, the rupee opened at 90.91 against the US dollar and slipped further to 90.96, down 7 paise from its previous close. However, on Monday, it had gained 5 paise to settle at 90.89 against the US dollar.
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February 13, 2026, 10:46 AM - 2 min read
"Such a move, if it materialises, would reinforce the dollar’s dominance in global trade, especially in energy and commodities," CR Forex Advisors MD Amit Pabari said.
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February 10, 2026, 10:16 AM - 2 min read
According to Amit Pabari, Managing Director at CR Forex Advisors, the USD/INR pair is likely to drift toward the 91.00-91.20 range in the coming days, provided the strong support zone of 90.00-90.20 holds.
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