FOREX TradingCharts.com
HOMECHARTS & QUOTESFOREX NEWSFOREX QUOTESLEARN FOREXFOREX BROKER LISTBOOKMARKFEEDBACK

Forex News: Indian Rupee Rises To 2-day High Against U.S.

Indian Rupee Rises To 2-day High Against U.S. Dollar

02/07/2025 - 04:22:00 (RTTNews)

(RTTNews) - The Indian rupee strengthened against the U.S. dollar in the European session on Friday.

In economic news, the Reserve Bank of India reduced its key interest rates for the first time in nearly five years with an aim to boost economic growth.

Under the leadership of newly appointed Governor Sanjay Malhotra, the Monetary Policy Committee decided to reduce the policy repo rate by 25 basis points to 6.25 percent from 6.50 percent.

This was the first reduction since May 2020. Markets widely expected today's rate cut.

Against the U.S. dollar, the rupee advanced to a 2-day high of 87.283 from an early low of 87.585.

If the rupee extends its uptrend, it is likely to find resistance around the 86.00 region.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


Indian Rupee Rises To 2-day High Against U.S. Dollar (03 hr(s), 24 min(s), 04 sec(s) ago)
(RTTNews) - The Indian rupee strengthened against the U.S. dollar in the European session on Frida ...Full Story»
Yen Rises Against Majors (06 hr(s), 48 min(s), 05 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the Asian session on F ...Full Story»
U.S. Dollar Gives Back Ground But Remains Modestly Higher (53 min(s), 56 sec(s) ago)
(RTTNews) - After seeing some strength early in the day, the value of the U.S. dollar has given ba ...Full Story»
U.S. Dollar Trades Higher Against Most Majors (32 min(s), 55 sec(s) ago)
(RTTNews) - The U.S. dollar traded higher against its most major counterparts on Thursday ahead of ...Full Story»
Yen Rises As BoJ's Tamura Signals Rate Hikes (33 min(s), 05 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the Asian session on T ...Full Story»
Yen Rises As BoJ's Tamura Signals Rate Hikes (01 hr(s), 48 min(s), 05 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the Asian session on T ...Full Story»
Commodity Currency's Slide As Crude Oil Prices Drop (03 hr(s), 27 min(s), 05 sec(s) ago)
(RTTNews) - The commodity-linked currencies such as Australia, the New Zealand and the Canadian do ...Full Story»
Canadian Dollar Drops Against Most Majors (05 hr(s), 33 min(s), 05 sec(s) ago)
(RTTNews) - The Canadian dollar weakened against most major currencies in the Asian session on Thu ...Full Story»
Search

FOREX NEWS

Indian Rupee Rises To 2-day High Against U.S. Dollar

02/07/2025 - 04:22 AM (RTTNews)
(RTTNews) - The Indian rupee strengthened against the U.S. dollar in the European session on Frida ...Full Story>>

Yen Rises Against Majors

02/07/2025 - 00:57 AM (RTTNews)
(RTTNews) - The Japanese yen strengthened against other major currencies in the Asian session on F ...Full Story>>

U.S. Dollar Gives Back Ground But Remains Modestly Higher

02/06/2025 - 16:39 PM (RTTNews)
(RTTNews) - After seeing some strength early in the day, the value of the U.S. dollar has given ba ...Full Story>>

U.S. Dollar Trades Higher Against Most Majors

02/06/2025 - 14:19 PM (RTTNews)
(RTTNews) - The U.S. dollar traded higher against its most major counterparts on Thursday ahead of ...Full Story>>

Yen Rises As BoJ's Tamura Signals Rate Hikes

02/06/2025 - 07:13 AM (RTTNews)
(RTTNews) - The Japanese yen strengthened against other major currencies in the Asian session on T ...Full Story>>
USDCAD
Economic CalendarForex GlossaryForeign Exchange RatesForex Currency TradingForex ChartsPrivacy Policy Translate AdvertiseContact Us

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.