neutral
Rupee Drifts as Corporate Flows Show Two-Sided Movement
The Indian rupee traded with modest gains, drifting to ~₹88.6250 per U.S. dollar amid mixed corporate flows. The currency had hit a record low earlier in the week. Pressure from foreign investor outflows and U.S. policy uncertainties limited upside. One-month forward premia remained steady as exporters offered support via dollar sales.
Tags:
- rupee
- FX
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
neutral
Rupee Drifts as Corporate Flows Show Two-Sided Movement
The Indian rupee traded with modest gains, drifting to ~₹88.6250 per U.S. dollar amid mixed corporate flows. The currency had hit a record low earlier in the week. Pressure from foreign investor outflows and U.S. policy uncertainties limited upside. One-month forward premia remained steady as exporters offered support via dollar sales.
Tags:
- rupee
- FX
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
1 min read
51 words
Rupee steadies in narrow range despite outflows and volatility in forex markets.
The Indian rupee traded with modest gains, drifting to ~₹88.6250 per U.S. dollar amid mixed corporate flows. The currency had hit a record low earlier in the week. Pressure from foreign investor outflows and U.S. policy uncertainties limited upside. One-month forward premia remained steady as exporters offered support via dollar sales.
The Indian rupee traded with modest gains, drifting to ~₹88.6250 per U.S. dollar amid mixed corporate flows. The currency had hit a record low earlier in the week. Pressure from foreign investor outflows and U.S. policy uncertainties limited upside. One-month forward premia remained steady as exporters offered support via dollar sales.
Tags:
- rupee
- FX
- rupee
- FX
- corporate flows
- forward premia
- exchange rate