Euro to Indian Rupee - Convert Euro to Indian Rupee

FOREX NEWS

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  Yen slides after Japan PM Ishiba resigns

  Ishiba on Sunday announced his resignation, ushering in a potentially lengthy period of policy uncertainty at a shaky moment for the world's fourth-largest economy.

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  Rupee slips to record low of 88.36 vs USD; likely RBI intervention caps losses

  The Indian rupee plummeted to a record low of 88.36 against the U.S. dollar due to concerns over potential U.S. tariffs on India. The Reserve Bank of India likely intervened to curb further losses as foreign portfolio investors continued to withdraw from Indian equities. MUFG forecasts the rupee could weaken further to 89 by early 2026 if tariffs persist.

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  Dollar holds ground as bonds find footing, jobs data looms

  The dollar steadied as bond markets recovered, awaiting crucial U.S. jobs data that could reinforce expectations of a Federal Reserve rate cut. Investors are cautiously optimistic, with many believing the dollar is currently undervalued and poised for a rebound after the anticipated rate cut. Meanwhile, the yen gained ground following details of a finalized U.S.

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  Dollar weak as cracks in US labour market spur rate cut bets

  The U.S. dollar weakened amidst bond market volatility and concerns over a softening labor market, reinforcing expectations of a Federal Reserve rate cut this month. Weak job openings data and dovish Fed comments spurred a rally in Treasuries, pushing yields lower. Investors are also focused on rising bond yields globally, reflecting concerns about the fiscal health of major economies.

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  Rupee off day's high as importer dollar demand wipes out most gains

  The Indian rupee ended marginally higher on Tuesday, but came off the day's high, as importer demand for the greenback wiped out recovery witnessed earlier in the session.

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  Dollar under pressure as traders return after Labor Day break

  The U.S. dollar saw a slight recovery in Asian markets after a period of decline. Investors are watching U.S. economic data closely. This is to understand the impact of President Trump's policies. Gold prices are near record highs as investors seek safe havens. The euro experienced a slight dip. The Australian dollar paused after gains.

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  Rupee recovers from record low to end flat after likely RBI intervention

  The Indian rupee recovered from its record low to end unchanged on Monday, helped by likely intervention from the Reserve Bank of India towards the later part of the session, according to traders.

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  Rupee slides to all-time low on surge in hedging, speculative bets

  The Indian rupee plummeted to a record low against the U.S. dollar due to escalating concerns over increased U.S. tariffs on Indian goods. This move is expected to significantly impact India's export competitiveness, potentially widening the trade deficit and pressuring the current account. Foreign investors have already withdrawn substantial funds from Indian equities, adding to the economic uncertainty.

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  Dollar drifts as investors await US labour market indicators

  The dollar weakened on Monday. Markets are awaiting U.S. job data this week. This data could influence the Federal Reserve's rate cut decision. Traders are also watching U.S. inflation and Trump's tariffs. A court is reviewing Trump's attempt to remove Fed Governor Lisa Cook. The Australian and New Zealand dollars rose. The Chinese yuan remained steady despite economic concerns.

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  Dollar headed for monthly drop on rate cut wagers

  The dollar is poised for a 2% August drop against major currencies amid rising expectations of a Federal Reserve rate cut next month. President Trump's efforts to influence monetary policy, including a legal battle with Fed Governor Lisa Cook, have weighed on the dollar.