17 Dec 2025 12:00 AM
INR gains in volatile trades after testing record low, Crude oil sinks to four year low,
Indian Rupee gained sharply in volatile trades against the US dollar today. INR had tested a fresh record low above 91 per US dollar but swung around rapidly and currently trades at 90.33 per US dollar, rising 60 paise on the day with the markets likely witnessing a timely intervention from the Reserve Bank of India after the sustained losses in local currency recently. INR has been one of the worst performing major currencies in the world this year. Last few sessions saw the currency topple despite weak US dollar index. Continued worries over overseas investment flows and an interest rate cut from the RBI weighed on the currency. However, Rupee can find some comfort in falling Crude oil futures. The benchmark WTI crude oil futures fell to a four-year low on Tuesday, dropping near $55 per barrel. Powered by Capital Market - Live News
17 Dec 2025 12:00 AM
Dollar index regains momentum from 2-month low,
The dollar index regains appetite from a two month low following US data that showed stronger than expected job growth in November. The report said non-farm payroll employment climbed by 64,000 jobs in November after tumbling by 105,000 jobs in October. Meanwhile, the Labor Department said the unemployment rate rose to 4.6 percent in November from 4.4 percent in September. The unemployment rate was expected to tick up to 4.5 percent. Currently, the dollar index that measures the greenback against a basket of currencies is quoting at 98.06, up 0.27% on the day. Powered by Capital Market - Live News
17 Dec 2025 12:00 AM
INR stays battered near lifetime lows,
The Indian rupee commenced the day sharply lower beyond Rs 91 per dollar mark but recovered slightly thereafter. INR opened at Rs 91.05 per dollar and recovered to a high of 89.96 so far during the day. Yesterday rupee tumbled sharply to crash beyond Rs 91 per dollar mark on tracking muted local equities and risk averse sentiments. Lingering uncertainty around tariffs coupled with persistent foreign portfolio outflows weighed on the local unit. The Indian rupee extended its losing streak for the fourth trading day, hitting 91-per-dollar for the first time as the government tabled a bill in Lok Sabha to raise FDI in the insurance sector to 100 percent. The benchmark BSE Sensex dropped 533.50 points, or 0.63 percent, to 84,679.86, extending the previous session`s decline amid weakness in metal and financial shares. The broader NSE Nifty index fell 167.20 points, or 0.64 percent, to 25,860.10.Powered by Capital Market - Live News
16 Dec 2025 12:00 AM
Rupee retreats further,
Rupee closed lower at 91.0750 per Dollar on Tuesday (16 December 2025), versus its previous close of 90.8475 per Dollar.Powered by Capital Market - Live News
16 Dec 2025 12:00 AM
INR crashes past Rs 91 per dollar mark during intraday moves,
The Indian rupee tumbled sharply to crash beyond Rs 91 per dollar mark on Tuesday tracking muted local equities and risk averse sentiments. Lingering uncertainty around tariffs coupled with persistent foreign portfolio outflows weighed on the local unit. INR opened at Rs 90.87 and hit a low of 91.14 before paring some losses to end at 90.93 as compared to previous close at 90.78. The Indian rupee extended its losing streak for the fourth trading day, hitting 91-per-dollar for the first time as the government tabled a bill in Lok Sabha to raise FDI in the insurance sector to 100 percent. The benchmark BSE Sensex dropped 533.50 points, or 0.63 percent, to 84,679.86, extending the previous session`s decline amid weakness in metal and financial shares. The broader NSE Nifty index fell 167.20 points, or 0.64 percent, to 25,860.10. Powered by Capital Market - Live News
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