The USD/INR exchange rate has risen for 11 straight weeks and is trading at a record low of 86.53. It has jumped by over 4% in the last twelve months. So, what is the outlook of the rupee as the ...

The rupee weakened ... supported by a weaker dollar, improvement in trade deficit and gains in domestic equity markets. Barclays in a report said: “We revise our forecasts and now look for ...

The 1-month non-deliverable forward indicated that the rupee will open at 85.62-85.63 against the U.S. dollar, compared with its previous close of 85.6150. The local unit dipped to its sixth ...