Alongside Crypto Market Index USD Price & Performance (AMKTUSD)

The Indian rupee appreciated 17 paise to 86.19 against the US dollar, bolstered by strong foreign fund inflows and positive equity performance. Foreign institutional investors injected over Rs 3,200 crore into equities, alongside Rs 5,500 crore into debt markets. Analysts anticipate the USD-INR pair to trade between 86.00 and 86.80 in the near term.12

India's forex reserves rose by $305 million to $654.27 billion for the week ending March 14. The increase was driven by a $66 million rise in gold reserves and higher IMF reserve positions. This marks a continuation of gains after a $15.27 billion surge in the previous week, the sharpest in two years.23

The Nasdaq Composite closed 1.3% lower as tech heavyweights Nvidia and Tesla led declines amid weak consumer confidence and renewed tariff concerns. Bitcoin also fell sharply, briefly dropping below $86,000. Investor sentiment remains cautious, with inflation fears and trade policies weighing on markets.45