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Rupee rangebound, far forward premiums retreat to over two-month low - REUTERS

NOVEMBER 06, 2025

MUMBAI, Nov 6 (Reuters) - The Indian rupee shuffled in a tight range on Thursday as a boost from improved risk appetite globally ran into importers' dollar demand, while dollar-rupee far forward premiums slid as U.S. Treasury yields rose.

The rupee was last at 88.6050 against the U.S. dollar, up modestly from its close of 88.6550 on Tuesday. India's financial markets were shut on Wednesday for a local holiday.

An easing of the selloff in global tech stocks helped boost risk appetite globally, helping Asian currencies and equities nudge higher.

MARKET NEWS

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