MUMBAI, Nov 16 (Reuters) – The Indian rupee is expected to open lower on Thursday after U.S. retail sales fell less than expected, helping the dollar recover from a plunge fuelled by softer-than-expected inflation data. Non-deliverable forwards indicate rupee will open at
BENGALURU, Nov 8 (Reuters) – The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely intervene less in the
MUMBAI, Nov 1 (Reuters) – The Indian rupee is likely to break out of rangebound trade, as the Reserve Bank of India’s defence of the currency will be unsustainable at some point of time, traders said. The rupee was at 83.27 against
MUMBAI, Sept 12 (Reuters) – The rupee was marginally higher on Tuesday, but some traders reckoned that the recent price action signalled that the currency was unlikely to have much upside. The rupee was at 82.98 as of 10:50 a.m. IST, compared
