rupee today: Rupee slips to record closing low but fares better …
11 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 ...
Indian cenbank likely selling dollars to support rupee amid Asian ...
1 day ago · The Indian central bank was likely selling dollars to support the rupee after the local currency hit its all-time low on Tuesday, pressured by a Chinese yuan-led decline in Asian currencies, four ...
Rupee falls to all-time low of 84.40 against US dollar
16 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 falls to record low on buoyant dollar, persistent outflows
2 days ago · MUMBAI, Nov 12 (Reuters) - The Indian rupee touched its all-time low on Tuesday, pressured by the dollar's rise to a more than four-month peak and on likely outflows from local equities. The rupee ...
Rupee hits record low on US election updates, RBI likely steps in
Nov 6, 2024 · The Indian rupee weakened to an all-time low on Wednesday as early results of the U.S. presidential election spurred a rally in the U.S. dollar, prompting the central bank to intervene.
INR USD: New Red Line for Indian Rupee After Record Lows
Aug 9, 2024 · The rupee fell to a new all-time low of 83.9875 per dollar on Thursday, and is down 0.7% this quarter. It came under pressure as foreigners pulled out more than $1 billion from local stocks...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee remained steady at 83.962 per US dollar on Tuesday due to likely Reserve Bank of India interventions, despite pressures from rising dollar index, oil prices, and local equity outflows.
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...
Indian rupee: Rupee ends weaker, pressured by state-run banks' …
Jul 11, 2024 · The Indian rupee ended slightly weaker on Thursday, pressured by dollar demand from state-run banks and importers, although most of its Asian peers gained ahead of a key U.S. inflation report. The rupee ended at 83.56 against the U.S. dollar, moderately lower than its close at 83.52 in the previous session.
The Indian rupee touched record lows, but not everyone is ...
Jul 25, 2022 · The rupee has fallen rapidly to 79.97 a dollar – from 77.64 at the end of May and 74.55 on February 23, a day before Russia invaded Ukraine. It has already tested a record low of 80.0575...