Dollar heads for weekly loss on reports of US-Iran ceasefire deal
The US dollar is heading for a weekly decline after reports of a potential US-Iran ceasefire deal reduced demand for safe-haven assets. A confirmed agreement could extend dollar weakness and lift emerging market currencies and commodity prices.
1mo ago · 3 min · Markets
Rupee crashes 82 paise to close at all-time low of 95.31 against U.S. dollar
The Indian rupee dropped 82 paise to close at an all-time low of 95.31 against the U.S. dollar, pressured by a stronger dollar and heavy FPI selling. A weaker rupee raises import costs, especially for crude oil, and signals continued stress in India's currency and capital markets.
1mo ago · 2 min · Markets
Rupee Vs Dollar: Indian Unit Records Sharpest Fall Since March, Weakens 83 Paise
The Indian rupee fell 83 paise against the US dollar, its steepest single-day drop since March, after the previous close stood at 94.48 per dollar. The move raises import costs and could pressure inflation if the weakness persists.
1mo ago · 2 min · Markets
Japan suspected of near $30bn interventions in thin Golden Week trading
Japan is suspected of spending nearly $30 billion to defend the yen during the Golden Week holiday, when thin trading makes currency swings more pronounced. A move of that scale signals strong official concern about yen weakness and could force traders to unwind bets against the currency.
1mo ago · 2 min · Global Affairs
Rupee hits record low as Nifty closes well off day’s high
The Nifty 50 rose 121 points to close at 24,119 on Tuesday, but both indices finished well below intraday highs as the rupee hit a record low against the dollar. Currency weakness raises import costs and could dampen foreign investor appetite for Indian assets.
1mo ago · 2 min · Markets
Rupee falls 41 paise to close at 94.56 against U.S. dollar
The Indian rupee dropped 41 paise to close at 84.56 against the dollar, its latest sharp move lower. Traders say the currency is already pricing in a widening Current Account Deficit and continued volatility in foreign capital flows. A weaker rupee could push up import costs, particularly for oil.
2mo ago · 1 min · Markets
Rupee hits record low of 95.33/$ as oil crosses $125/barrel
The Indian rupee hit a record intraday low of 95.33 against the dollar on Thursday before the RBI stepped in to defend the currency. Oil crossing $125 per barrel is driving the pressure, squeezing India's import bill and widening its current account deficit. The RBI is trying to hold the rupee above the 95-per-dollar
2mo ago · 1 min · Markets
Rupee slide deepens in 2026: Will it hit 100 against the dollar?
The Indian rupee is holding near 95 against the dollar in 2026 but faces continued pressure from dollar strength, foreign investor outflows, and rising oil prices. A further slide toward 100 would raise import costs and add inflation pressure across fuel and goods. Crude oil price trends and foreign fund flows are the
2mo ago · 1 min · Markets
Rupee edges higher as optimism over Iran peace deal firms
The Indian rupee closed slightly higher Thursday as optimism over a potential Iran peace deal pushed oil below $100 a barrel and drove global equities to record highs. Lower crude prices reduce India's import burden, directly supporting the rupee. Progress on a formal Iran agreement remains the critical near-term catal
2mo ago · 1 min · Markets
Risk-on trade helps lift Canadian dollar to a three-week high
The Canadian dollar rose to a three-week high on a broad risk-on trade that lifted commodity-linked currencies. The move signals improved short-term investor sentiment toward growth-sensitive assets. Sustained gains will depend on commodity prices, rate differentials, and continued risk appetite.
2mo ago · 1 min · Markets
Analysis:Dollar sheds bulk of Iran war premium, but few expect a sharper drop
The dollar has shed most of its Iran-related geopolitical risk premium as immediate conflict fears recede, but analysts see little basis for a steeper decline. Interest rate differentials and residual global uncertainty provide underlying support, capping the downside. The trajectory hinges on whether the Iran de-escal
2mo ago · 1 min · Markets