Key Points
MUMBAI, Aug 4 (Reuters) - The Indian rupee is expected to remain under pressure on Friday after longer maturity U.S. yields reached the highest level this year...
Non-deliverable forwards indicate the rupee will open slightly weaker to the U.S. dollar from 82.7225 in the previous session...
The rupee on Thursday reached 82.81, the lowest in more than two months, on the possibility that the Reserve Bank of India intervened to prevent the currency from dipping further, according to market participants...
USD/INR "remains well bid" offshore, possibly on account of positions being adjusted to "what is happening in U.S. yields", a forex trader at a bank said...
** As per NSDL data, foreign investors sold a net $182 mln worth of Indian shares on Aug. 2. ** NSDL data shows foreign investors bought a net $1.8 mln worth of Indian bonds on Aug. 2. Reporting by Nimesh Vora; Editing by Sonia Cheema..
You might be interested in
Rupee set to gain further after slide in US Treasury yields
24, Aug, 23The Indian rupee is expected to rise further on Thursday following a pullback in U.S. Treasury yields on weak economic data.
Rupee to recover on pullback in US yields after jobs data
07, Aug, 23The Indian rupee is expected to recover on Monday on the back of a pullback in U.S. yields and the decline in the dollar after the U.S. economy added fewer jobs than was forecast.
Rupee may inch up tracking US Treasury yields fall, soft dollar
29, Aug, 23The Indian rupee is expected to advance on Tuesday in the wake of a pullback in U.S. Treasury yields and the dollar in the lead-up to a slew of key economic data.
India rupee to receive help from pullback in oil, traders eye US inflation
12, Oct, 23By Nimesh Vora MUMBAI (Reuters) - The Indian rupee on Thursday will be boosted by the pullback in oil prices and softer U.S. Treasury yields, while investors wait for the important U.S. inflation data
Rupee may drop on weak risk, eyes fallout of RBI's swap maturity
23, Oct, 23The Indian rupee is likely to fall on Monday, tracking weakness in Asian shares and currencies, while investors eyed the impact of the Reserve Bank of India's $5 billion swap maturity.
Drop in oil prices, US yields to lift rupee to near 83/dollar
25, Oct, 23The Indian rupee is expected to climb on Wednesday following a further decline in oil prices on worries over demand and a pullback in U.S. Treasury yields.
Rupee eyes RBI policy decision, US inflation data to follow
10, Aug, 23The Indian rupee's direction on Thursday will be impacted by the central bank's policy decision and how market participants want to position themselves before U.S. inflation data.
Rupee to struggle on more Fed rate hike bets; US yields surge
30, Jun, 23The Indian rupee is expected to struggle on Friday following a jump in U.S. yields and the dollar index on expectations that more Federal Reserve rate hikes were on the way.
Rupee bias on upside on broad dollar selling before US inflation data
12, Jul, 23The Indian rupee may rise more on Wednesday, aided by the U.S. dollar's broad decline in the lead-up to the crucial U.S. inflation data.