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


Dollar Tumbles As Trade War Ignites Growth Fears (02 hr(s), 47 min(s), 31 sec(s) ago)
(RTTNews) - The U.S. dollar tumbled against major currencies during the week ended March 7 amidst ...Full Story»
Yen Rises Amid Risk Aversion (04 hr(s), 26 min(s), 31 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session o ...Full Story»
Yen Rises Against Majors (05 hr(s), 32 min(s), 31 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session o ...Full Story»
U.S. Dollar Slides Amid U.S. Fed Rate Cut Prospects (11 hr(s), 38 min(s), 31 sec(s) ago)
(RTTNews) - The U.S. dollar weakened against other major currencies in the Asian session on Monday ...Full Story»
U.S. Dollar Slides Against Majors (11 hr(s), 59 min(s), 31 sec(s) ago)
(RTTNews) - The U.S. dollar weakened against other major currencies in the Asian session on Monday ...Full Story»
U.S. Dollar Climbs Off Worst Levels But Continues To See Moderate Weakness (29 sec(s) ago)
(RTTNews) - The U.S. dollar is seeing moderate weakness during trading on Friday, extending the do ...Full Story»
Swiss Franc Advances Against Euro, Pound (03 min(s), 29 sec(s) ago)
(RTTNews) - The Swiss franc moved up against the euro and the pound in the New York session on Fri ...Full Story»
Canadian Dollar Falls After Soft Canada Jobs Data (32 min(s), 31 sec(s) ago)
(RTTNews) - The Canadian dollar declined against its major counterparts in the New York session on ...Full Story»
Search

FOREX NEWS

Dollar Tumbles As Trade War Ignites Growth Fears

03/10/2025 - 09:44 AM (RTTNews)
(RTTNews) - The U.S. dollar tumbled against major currencies during the week ended March 7 amidst ...Full Story>>

Yen Rises Amid Risk Aversion

03/10/2025 - 08:05 AM (RTTNews)
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session o ...Full Story>>

Yen Rises Against Majors

03/10/2025 - 06:59 AM (RTTNews)
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session o ...Full Story>>

U.S. Dollar Slides Amid U.S. Fed Rate Cut Prospects

03/10/2025 - 00:52 AM (RTTNews)
(RTTNews) - The U.S. dollar weakened against other major currencies in the Asian session on Monday ...Full Story>>

U.S. Dollar Slides Against Majors

03/10/2025 - 00:32 AM (RTTNews)
(RTTNews) - The U.S. dollar weakened against other major currencies in the Asian session on Monday ...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.