Another day of all-time low for rupee as dollar, US rates extend …
14 hours ago · The 1-month non-deliverable forward indicated that the rupee will open at 84.42-84.44 to the U.S. dollar compared with 84.3775 in the previous session and past the all-time low of 84.4125 hit on ...
rupee today: Rupee slips to record closing low but fares better …
6 hours ago · The Indian rupee slipped to its weakest closing level on record on Thursday but fared better than its regional peers as state-run banks' dollar sales countered a surging greenback and weakness in local stocks. The rupee closed at 84.3950 against the U.S. dollar, down marginally from its close at 84.3775 in the previous session. The currency was ...
Rupee falls to record low on buoyant dollar, persistent outflows
2 days ago · The rupee hit a low of 84.4125 before ending at 84.3925, unchanged from its closing level in the previous session. The currency has fallen to record lows for five straight sessions. Donald Trump's ...
Rupee slips to record low but avoids sharp losses on cenbank ...
3 days ago · The Indian rupee slipped to an all-time low on Monday, pressured by weakness in regional currencies and sustained outflows from local equities but central bank intervention helped avoid sharp ...
India Ready to Weaken Rupee in Line With Yuan on Trump Win
3 days ago · November 10, 2024 at 9:31 PM PST. Translate. India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US ...
A New Red Line for India’s Rupee Is Forming as Pressure Mounts
Aug 9, 2024 · A New Red Line for India’s Rupee Is Forming as Pressure Mounts. The rupee fell to a new all-time low of 83.9875 per dollar on Thursday, and is down 0.7% this quarter. India’s central bank ...
How India’s Rupee Went From Most to Least Volatile in Asia
Jun 26, 2024 · The Indian rupee has gone from being one of Asia’s most volatile currencies to among its most stable in the span of a decade. The turnaround reflects India’s growing economic heft and the ...
Rupee falls to all-time low of 84.40 against US dollar
11 hours ago · India Business News: The Indian rupee weakened to 84.40 against the US dollar due to foreign fund outflows and strong dollar demand. Rising inflation and the RBI's interve
Rupee settles at record closing low as equity tax hikes hurt …
Jul 23, 2024 · The Indian rupee slipped to record lows on Tuesday as the government raising tax rates for capital gains from equity investments and on equity derivative trades hurt market sentiment.
Indian cenbank likely selling dollars to support rupee amid Asian ...
1 day ago · The rupee weakened to a low of 84.40 per dollar in early trading, eclipsing its previous record low of 84.3925 hit in the previous session. The currency was last flat at 84.3925.