India's rupee is poised for a third weekly decline after the Federal Reserve indicated it may slow debt purchases, fueling concern that fund flows to emerging markets will reduce.

Indian rupee today weakened further by 10 paise to 55.69 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.

The U.S. dollar was at its highest for nearly nine months against the Indian rupee on Thursday on suggestions the U.S. Federal Reserve could taper its economic stimulus.

ICICIdirect.com has come out with its report on Indian rupee. The research firm believes, the USD-INR pair is set to resume its upward journey and challenge its all-time highs in the near term.

The Indian rupee opened flat at 55.61 per dollar versus Thursday's close of 55.59. Profit-booking at higher levels may also weigh on the dollar versus the rupee.

The rupee today fell below 56-level against dollar during intra-day amid the US currency's sustained gains against major rivals overseas.

As seen in the below bar chart, out of 12 times, Rupee has depreciated nine times with biggest decline of more than 3 percent that was witnessed last year, correspondingly Indian benchmark indices fell by more than 7 percent. The fall in Indian ...

Buy Indian rupee on dips, advises Karvy. Karvy Stock Broking has come out with its report on currency. According to the research firm one can buy Indian rupee (USDINR) on decline. Karvy Stock Broking · More about the Brokerage... Source: Moneycontrol.

Most emerging Asian currencies on Thursday fell as a weak China manufacturing survey increased concerns over the world's no. 2 economy, adding to pressure on regional units generated by prospects of reduced inflows if the Federal Reserve scales back ...

Indian rupee hits 6-month low at 55.41 on firm dollar. Indian rupee touched nearly a six-month low of 55.41 depreciating 30 paise on sustained dollar demand from importers and weakness in equity shares.