Nimesh Vora

The Reserve Bank of India's longer-term dollar/rupee buy-sell swap witnessed robust demand with the auction drawing bids 1.6 times the $10 billion notified amount.

The Indian rupee is likely to inch up at open on Monday, boosted by the drop in the dollar and U.S. Treasury yields after economic data fuelled worries over the U.S. growth outlook.

The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as $11 billion by one estimate, has reduced the bearish bias on the currency.

The Indian rupee is set to open weaker on Monday, tracking losses in Asian currencies after U.S. President Donald Trump said he will introduce more tariffs.

The Indian rupee is poised to recover on Tuesday, boosted by the dollar's decline after U.S. President Donald Trump delayed tariffs on Canada and Mexico by a month.

The Indian rupee struggled to hold gains on Tuesday after China said it will impose tariffs on U.S. goods in retaliation to U.S. President Donald Trump's levies.

The Indian rupee is expected to open weaker on Friday, possibly dipping to a lifetime low on U.S. President Donald Trump's tariff threat, while traders wait for the federal budget to be presented over the weekend.

The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from lenders and corporate treasuries, six bankers said.

The Indian rupee resumed its downtrend on Monday, pegged by likely equity outflows and corporate hedging.

The Indian rupee is poised to open higher on Tuesday amid swings in the U.S. dollar, spurred largely by the news flow and headlines related to U.S. President Donald Trump's tariff plans.