Asian Currencies

Rupee rises 23 paise to 68.74 against dollar in early trade, market pins hope on Fed rate cut

The rupee opened strong at 68.78 at the interbank forex market then gained further ground to touch 68.74 per dollar

Rupee rises by 15 paise to 68.54 against dollar on gains in domestic equities, weakness in greenback overseas

Short holds slacken on most Asian currencies but bears return to prey on rupee: Poll

Investors shaved bearish bets on most Asian currencies over the past two weeks but went short on the rupee for the first time in over three months, a <em>Reuters</em> poll showed, as election euphoria faded against the backdrop of slowing growth in India

Rupee sheds 15 paise at 71.02 against dollar in early trade; impacted by US move to hike tariffs on Chinese goods

The rupee opened weak in line with other Asian currencies after Trump Monday said that for any trade deal China has to treat his country "fairly".

Rupee may fall to 70 against dollar this week, say bankers; rising oil prices, strengthening US currency to blame

Analysts said trade war between China and the US is putting pressure on all the Asian currencies, but rupee is the worst hit so far.

Bearish bets on rupee surge to highest since August 2013, reflecting concerns about sustainable growth

India’s infrastructure growth slowed to a three-year low of 4.2 percent in the fiscal year ending in March, indicating Prime Minister Narendra Modi faces a tough challenge to boost investment ahead of general elections due early next year.

Rupee heads for best performance in 10 years

The rupees gain follows a 16 percent drop in 2011 on foreign outflows and growing concerns about the current account deficit, making it Asia's worst performer last year.