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The rupee breached the 94-per-dollar mark for the first time ever on Monday but recovered sharply to close flat at 93.53 against the US dollar, instead of ending at a fresh record closing low, amid geopolitical tensions in the Middle East, persistent foreign fund outflows and volatile crude oil prices.At the interbank foreign exchange market,…
The rupee plunged by 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent foreign fund outflows and a sharp rise in global crude oil prices amid mounting geopolitical tensions, PTI reported.Forex traders said the domestic currency remained under…
The rupee weakened by 10 paise to settle at a fresh record low of Rs 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and incessant withdrawal of foreign funds triggered by geopolitical uncertainties, PTI reported.The local currency, however, resisted a sharper fall as domestic equity markets staged a significant recovery…
The Indian rupee weakened sharply on Wednesday, slipping to a record closing low of 92.05 against the US dollar as soaring crude oil prices and global risk aversion linked to the Iran crisis weighed heavily on the domestic currency.The rupee depreciated by 56 paise during the session, pressured by rising energy costs, foreign fund outflows…
The rupee is “punching below its weight”, a weakness that has made foreign investors more reluctant to commit fresh capital to India, says the Economic Survey. Between April 2025 and Jan 2026 the currency fell about 5.4% against the dollar, while the depreciation has aided adjustment to US tariffs, it has also prompted portfolio outflows…
The rupee settled at its all-time closing low of 91.99 against the US dollar on Wednesday, weighed down by persistent foreign fund selling and risk-off sentiment in global markets, even as softer crude prices and a weaker dollar offered limited relief, PTI reported. At the interbank foreign exchange, the domestic unit opened at 91.95 and…
Foreign portfolio investment (FPI) flows remained volatile in FY26, resulting in a net outflow of $3.9 billion as of December 2025, amid heightened global uncertainty and a redirection of capital towards AI-centric markets such as the US, Taiwan and Korea, the Economic Survey 2025–26 said on Thursday, PTI reported.The survey noted that FPIs were net…
The rupee weakened for the fourth straight session on Monday, breaching the 91-per-dollar level for the second time in a month before closing 14 paise lower at 90.92 (provisional) against the US dollar, pressured by sustained foreign fund outflows and risk aversion linked to global trade uncertainties, dealers said.At the interbank foreign exchange market, the…
Foreign portfolio investors (FPIs) have pulled out more than Rs 22,530 crore ($2.5 billion) from Indian equities so far this month, continuing a trend of heavy selling that began last year. Back in 2025, FPIs recorded an outflow of Rs 1.66 lakh crore ($18.9 billion), driven by currency volatility, global trade tensions, potential US tariffs,…
Equity mutual fund inflows declined by over 6% to Rs 28,054 crore in December, even as investor interest in equities and gold remained intact amid heavy redemptions from debt schemes, data released by industry body AMFI showed on Friday.The moderation in equity inflows came from Rs 29,911 crore in November, though collections were still higher…
