Rupee weakens below 84.50/USD for first time ever on dollar …
1 day ago · The rupee weakened below the psychologically important 84.50-per-dollar level to hit an all-time low on Friday as the greenback's post-U.S. election rally revived and as foreign …
Exclusive: Indian cenbank asks lenders to cut speculative bets …
1 day ago · The rupee weakened to a record low of 84.5075 per U.S. dollar earlier in the day, pressured by portfolio outflows and a stronger greenback. Foreign investors have sold a net of …
Rupee closes stronger, RBI intervention blunts impact of surging …
1 day ago · The rupee weakened to a low of 84.5075 against the U.S. dollar before closing at 84.4450, up 0.06% on the day. The currency was marginally lower week-on-week.
Rupee rises 6 paise to close at 84.44 against US dollar amid …
1 day ago · At the interbank foreign exchange, the rupee opened at 84.48 and touched an intraday low of 84.50 against the greenback. The unit ended the session at 84.44 (provisional) …
Indian rupee hits fresh low amid US dollar rally and ongoing FPI
1 day ago · The Indian rupee fell to 84.50 against the US dollar due to rising dollar strength, FPI selling, and geopolitical tensions. The dollar index surged 3.10% this month, while FPIs …
A New Red Line for India’s Rupee Is Forming as Pressure Mounts
Aug 9, 2024 · India’s central bank looks to have drawn a new line in the sand for the rupee at the 84-per-dollar level, according to analysts.
Rupee falls 8 paise to hit fresh low of 84.50 against US dollar
2 days ago · News; Business; Rupee falls 8 paise to hit fresh low of 84.50 against US dollar; Rupee falls 8 paise to hit fresh low of 84.50 against US dollar The US dollar strengthened due …
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.
Forex reserves record biggest weekly drop as RBI moves to support Rupee
1 day ago · At $17.8 billion, the reserves fell the most in the week ended November 15, eclipsing the $15 billion retreat in the week of October 24, 2008, when the subprime sinkhole had …
Rupee hits record low hurt by weak local equities, buoyant dollar
2 days ago · The rupee declined to a low of 84.4275 in early trading, eclipsing its previous all-time low of 84.42. It was quoted at 84.4175 as of 10:30 a.m. IST, nearly flat on the day.