The Indian rupee began trading against the US dollar on Monday at 89.54, down 0.3% from Friday’s finish of 89.27, following a week of fluctuations. The native currency struck a record low of 91.08 versus the US dollar last week, on December 16, 2025, after breaking through the psychologically significant 91 mark. The rupee gained…
A preferential issue of equity shares from Japan’s MUFG Bank to raise Rs 39,617.98 crore has been approved by Shriram Finance. With the investment, MUFG will have a fully diluted 20% share in the business. In Friday’s trading, Shriram Finance’s share price increased by almost 5%. The largest FDI inflow into the financial services industry…
The Indian rupee continued its downward trend on Monday, falling to a record low of 90.75 against the US dollar in the middle of the session. In the early Asian trading, the local currency fell to a record low of 90.56 and has since continued to decline. The local currency dropped 0.1% from Friday’s historic-low…
After opening at 90.42 per US dollar, the Indian rupee continues its downward trend, reaching a new, historic low of 90.55. As a result, the currency has dropped by more than 6% during the past year. In relation to the US dollar, the domestic currency’s opening was 0.06% lower than its previous close of 90.36….
In November, India’s headline CPI inflation was 0.71% (YoY), 46 basis points higher than in October, when it had fallen to 0.25%, the lowest figure in the current CPI series. According to government data, rising costs for vegetables, eggs, meat and fish, spices, fuel, and light are the primary causes of the increase in headline…
The Indian rupee lost around 9 paise to the US dollar on Wednesday, closing at 89.96. After opening at a low of 90.03, the currency experienced a slight rebound by the afternoon, reaching 89.88, and then increased slightly, closing at 89.87 against the US dollar. But compared to yesterday’s close of 89.87, today’s end was…
In order to strengthen the banking system, the Reserve Bank of India (RBI) recently announced a number of liquidity initiatives, including bond purchases through open market operations (OMO) and foreign exchange swaps. According to market players, the central bank frontloaded the measures in December, probably taking into account significant withdrawals throughout the month. The majority…
Today, the Indian rupee ended its ongoing downward trend and ended the day at 89.87, up 0.2% versus the US dollar. At 90.12, the local currency had opened on a weak note. The currency reached a peak of 89.84 during trading sessions, according to a Reuters report, although importers intervened to limit more advances. One…
Indian stocks finished Monday’s trading session much lower. The Nifty ended the day at 25,960.55, down 0.86%, while the Sensex closed at 85,102.69, down 0.71%. The Nifty Bank closed at 59,238.55, down 0.90%, indicating that the pressure was equally evident in the banking sector. The BSE SmallCap and midcap indices both saw a 2% decline….
The Indian rupee extended its losing trend, following cues from the equity market. At 90.07, it finished the day down 0.1%. The currency fell 0.2% from its opening level of 90.06 to 90.17 against the US dollar. The US Federal Reserve’s impending policy decision on Wednesday, which is expected to impact the currency’s future course,…
