Rupee ends a tad lower as modest inflows cushion drag from firmer dollar.The dollar index held above the 100-handle, while Asian currencies were down between 0.1% and 0.3% as traders scaled back wagers on a U.S. rate cut next month.
Being cautious about cryptocurrencies, stablecoins, India cenbank chief says.India's central bank is adopting a cautious approach towards cryptocurrencies and stablecoins, the Reserve Bank of India governor said on Thursday.
Dollar strength set to challenge rupee's tentative recovery on hawkish Fed outlook.The Indian rupee's tentative upside momentum on Thursday may face headwinds from a rally in the dollar, fuelled by fading expectations of a Federal Reserve rate cut next month.
Wall Street banks ignite rush for Indian rupee rally wagers tied to trade deal optimism.Offshore investors are using options to position for a potential rally in the Indian rupee, encouraged by Wall Street banks promoting strategies built on the prospect of a trade deal between the United States and India.
Rupee set to ignore weaker Asian peers, eyes US-India trade deal cues.The Indian rupee is set to look past weaker Asian peers at open on Wednesday, with traders tracking headlines around the U.S.-India trade deal that could influence sentiment and flows.