卢比收跌，进口商对冲需求超过美元走软。周四，印度卢比因进口商对美元的需求而走弱，尽管在对美国经济放缓的担忧下，美元兑主要货币汇率徘徊在四个月低点附近。

Rupee ends lower, importer hedging demand outweighs softer dollar.The Indian rupee weakened on Thursday, pressured by dollar demand by importers, even as the greenback lingered near a four-month low against its major peers amid concerns about a slowdown in the U.S. economy.

分析人士表示，印度央行表示有意确保银行流动性盈余。分析师表示，印度央行最新的债券购买和外汇掉期突显了其保持银行系统流动性盈余的意图，这应有助于银行将政策降息转嫁给消费者。

India central bank signals intent to ensure banking liquidity surplus, analysts say.Indian central bank's latest bond purchase and FX swaps underscore its intention to keep banking system liquidity in a surplus, which should help banks to pass on policy rate cuts to consumers, analysts said.

BSE Sensex指数在上一交易日飙升后，在周四早盘交易中几乎持平，在波动的情况下交易于73786点左右。科技股的下跌抵消了金属、媒体和制药股的上涨。交易员在该指数前一天上涨1%后获利回吐，Nifty 50指数几乎持平，在22350左右。交易员们希望，在美国总统特朗普免除汽车制造商关税一个月后，贸易紧张局势可能会缓解，而在私人就业人数增长低于预期后，对经济势头放缓的担忧加剧。周五，在中美贸易紧张局势升级的情况下，中国贸易数据发布前也表现出谨慎。然而，尽管与美国存在贸易争端，但北京方面将今年2025年的增长目标定为5%，中国国内生产总值增长预测提振了市场情绪，镍金属飙升1.3%。亚洲涂料上涨2.8%，塔塔钢铁上涨1.6%，而电网、ICT和马鲁蒂铃木各下跌1%

The BSE Sensex was almost flat, trading around 73,786 in morning trade on Thursday in volatile conditions, after surging in the previous session. Declines in tech stocks offset gains in metals, media, and pharmaceuticals. Traders took profits after the index jumped 1% the day before, with the Nifty 50 almost flat at around 22,350. Traders held out hope that trade tensions could ease after U.S. President Trump exempted automakers from tariffs for a month, while concerns grew over slowing economic momentum after private payrolls rose less than expected. Caution also built ahead of the release of Chinese trade data on Friday amid escalating trade tensions with the US. However, GDP growth forecasts from China lifted sentiment, with Nifty metals surging 1.3%, after Beijing set its 2025 growth target at 5% for this year despite a trade spat with the US. Asian Paints jumped 2.8%, Tata Steel rose 1.6%, while Power Grid, ICT, and Maruti Suzuki fell by 1% each

印度央行外汇互换后，卢比下跌，远期溢价暴跌。印度卢比周四下跌，可能是由于央行外汇掉期公告导致远期溢价下降，对冲未来美元债务的需求受到挤压。

Rupee dips, forward premiums plunge post India central bank's FX swap.The Indian rupee fell on Thursday, likely squeezed by demand to hedge future dollar liabilities amid a drop in forward premiums on the back of the central bank's FX swap announcement.