India, the rupee
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The rupee opened at 90.56, a slight increase due to positive investor sentiment following the interim US-India trade deal announcement.
Indian rupee strengthens after India–US trade talks breakthrough, opening at 90.56 per dollar. Analysts highlight tariff relief and positive investor flows.
Cholleti The Indian rupee is becoming the ‘sacrificial lamb’ in the Reserve Bank of India’s (RBI) tough balancing act. This is because of a basic economic rule called the “impossible
By Jaspreet Kalra MUMBAI, Feb 6 (Reuters) - The Indian rupee fell on Friday, singed by likely dollar outflows and traders lowering long bets, but posted its best rise in over three years after New Delhi and Washington announced a long-awaited trade deal.
The rupee closed at 90.6550 per dollar, down 0.3 percent on the day but up 1.4 percent on the week, its best weekly rise since January 2023.
Gold ETFs fell up to 5% and silver ETFs 20% as global prices dropped. Rupee gains add volatility, offering strategic entry points for long-term investors.
By Nimesh Vora MUMBAI, Feb 6 (Reuters) - The Indian rupee is likely to open flat on Friday and hold a narrow range before the central bank's policy announcement, with risk aversion limiting appetite for rupee and other emerging-market currencies.