Tag: Asian Currencies

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Rupee Rallies To Multi-Month Highs as Inflows Surge and Asian Currencies Rise

May 02, 2025: The Indian rupee extended its upward momentum on Friday, buoyed by strong performance across Asian currencies and expectations of sustained foreign...

Rupee Ends Nine-Day Rally, Closes at 85.75 vs USD Amid Importer Hedging, Weak Asian Peers

Dollar inflows moderate as regional currencies weaken and importers hedge; MUFG revises rupee outlook to ‘neutral’ with cautious tone for rest of 2025.March 25,...