Gold and silver opened sharply higher on MCX on Wednesday as a weaker dollar and easing oil prices eased inflation concerns and rate worries. Sentiment also improved on optimism around a possible US-Iran peace deal. MCX silver rose 3.1% to Rs 2,52,000/kg, whi…

State-run banks were spotted offering dollars near the rupee’s record low, which traders said were most likely on behalf of RBI and intended to prevent the currency from falling to the key psychological level of 95.50
The rupee reached a historic low against the dollar on Tuesday. This decline is linked to renewed tensions in the Middle East and escalating oil prices. The Reserve Bank of India is exploring measures to strengthen the rupee. Other Asian currencies also faced…

Rupee falls to ₹95.16/USD, highlighting currency weakness, as Steve Hanke warns of a continued slide without inflows, which could impact inflation, travel costs, EMIs, investments and savings across the country.

The Indian rupee hits a record low of 95.23 against the dollar amid rising oil prices and foreign capital outflows.
RBI considers measures to attract dollar inflows as the rupee hits a record low amid rising oil prices.
India's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster foreign exchange reserves and stabilize the rupee. Measures under consideration include reviving a deposit scheme for non-resident Indians and removing withh…
The Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait of Hormuz due to the U.S.-Iran conflict weighed on sentiment. Traders anticipate continued pressure on the rupee until e…
Gold and silver prices declined on MCX amid uncertainty around U.S.-Iran tensions and interest rate outlook. Rising crude oil prices and a stronger dollar are driving volatility. Analysts suggest buying on dips with defined support levels, while investors clo…