Rupee falls 7 paise to 88.69 against US dollar in early trade.The rupee depreciated by 7 paise to 88.69 against the US dollar in early trade on Thursday, influenced by a strong US dollar index and muted domestic equities. Despite renewed optimism over US-India trade talks, the dollar's strength and the ongoing US government shutdown saga weighed on sentiment.
Rupee to hold in narrow range on flows pressure, RBI barrier.The Indian rupee is expected to stick to a narrow band on Thursday, with unfavourable flows offset by the central bank's unwillingness to allow a decline past the 88.80 level.
Rupee edges lower as corporate dollar bids persist, Asia FX slips.The Indian rupee slipped on Wednesday, weighed down by dollar demand from local companies alongside modest declines in regional peers, while expectations of central bank intervention on the path to its all-time low capped losses.