jaspreet kalra

The Indian rupee traded flat near its all-time low on Friday, lagging behind its Asian peers amid sustained pressure from foreign portfolio outflows while intervention by the Reserve Bank of India limited losses.

The Indian rupee declined on Wednesday, pressured by strong dollar demand related to the expiry of the November monthly futures contract and month-end payments by importers.

The Indian rupee rose in early trading on Tuesday, boosted by residual dollar inflows related to the rejig of MSCI's global equity indexes, which helped it sidestep weakness in regional peers after U.S. President-elect Donald Trump's tariff threat rattled markets.

The Indian rupee logged its strongest one-day gain since June on Monday, aided by dollar inflows related to the rebalancing of MSCI's global equity indexes, alongside softness in the dollar and lower U.S. bond yields.

The Indian rupee rose its strongest level on in over two weeks on Monday, boosted by gains in regional peers and likely dollar inflows on account of the rebalancing of MSCI's equity indexes.

The Indian rupee may log mild gains on Monday helped by a pullback in the U.S. dollar and portfolio inflows on account of the rebalancing of MSCI's global equity indexes.

The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at a record low, four bankers directly familiar with the development told Reuters.

The Indian rupee declined to its weakest level on record on Thursday due to outflows from local stocks, which were dragged by a slump in Adani group shares, while uncertainty about the Federal Reserve's path to lowering policy rates also weighed.

The Indian rupee is likely to stay under pressure on Thursday as the prospect of less aggressive interest rate cuts by the Federal Reserve and geopolitical risks from the Ukraine-Russia conflict renewed strength in the U.S. dollar.

The Indian rupee is expected to stay on the back foot on Friday, pressured by a rebound in the dollar amid uncertainty about the pace of rate cuts in the United States, while persistent portfolio outflows also remain a worry for the local currency.