SEARCH
Quotes News NAV
Other Markets  Detailed News Markets  >  Equity  >  Detailed News
News on Currency markets such as Rupee, Call money etc for last one week.
Your Result on : Equity   |  News | Other Markets | Detailed News
Back
INR softens marginally, firm local equities can cap losses
23-Dec-25   11:01 Hrs IST

Indian Rupee eased a bit after hitting one and half week high against the US dollar as overall undertone remained choppy ahead of the year-end. However, the US dollar index has slumped under 98 mark and is approaching around three-month lows. This could cap losses in INR. Local equities are also holding firm just under record highs. INR currently quotes at 89.68 per US dollar, down 3 paise on the day. Economic outlook is positive for India. Reserve Bank of India (RBI) has stated that bolstered by strong domestic demand, the economic growth has been robust. Benign inflation outlook provided adequate space for monetary policy to support growth. On NSE, USD/INR futures are trading at 90.30, up 0.09% on the day, having tested under 89.70 mark in early trades.

Powered by Capital Market - Live News