Malaysia
2025-07-02 23:20
IndustryIndian Rupee Weakens Amid Regional FX Slump
#CommunityAMA
Indian Rupee Weakens Amid Regional FX Slump and Tariff Anxiety
The Indian rupee slipped to 85.69 per dollar as broader Asian currencies fell in response to renewed tariff concerns from Washington. Despite elevated forward premiums suggesting healthy dollar supply, market participants remain cautious ahead of potential U.S.–India trade friction. The RBI was seen lightly intervening to curb volatility, but analysts expect the rupee to remain range-bound near-term unless global risk sentiment shifts decisively or crude prices spike. Domestic equity inflows continue to offer modest support.
Like 0
aye4555
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category

Platform

Exhibition

Agent

Recruitment

EA

Industry

Market

Index
Indian Rupee Weakens Amid Regional FX Slump
#CommunityAMA
Indian Rupee Weakens Amid Regional FX Slump and Tariff Anxiety
The Indian rupee slipped to 85.69 per dollar as broader Asian currencies fell in response to renewed tariff concerns from Washington. Despite elevated forward premiums suggesting healthy dollar supply, market participants remain cautious ahead of potential U.S.–India trade friction. The RBI was seen lightly intervening to curb volatility, but analysts expect the rupee to remain range-bound near-term unless global risk sentiment shifts decisively or crude prices spike. Domestic equity inflows continue to offer modest support.
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.