Rupee Hits Fresh All-Time Low Of 85.80: Why Is Indian Currency
1 hour ago · The rupee plunged 12 paise to its record low closing mark of 85.27 against the dollar on Thursday, after declining 13 paise in the previous two sessions. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.04 per cent at 107.93 amid soaring US Treasury yields with 10 ...
Rupee hits record low, pressured by strong NDF dollar bids; RBI …
6 hours ago · The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable forwards (NDF) market while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses. The rupee declined to 85.35 to the dollar, eclipsing its previous all-time low of 85.2825 hit on Thursday.
Rupee remains under pressure, hits record low of 85.28 vs
13 hours ago · India Business News: The rupee continues to weaken against the dollar, hitting a record low of 85.26 due to elevated dollar index levels and cautious foreign institutional
Rupee hits record low for sixth straight session as broad dollar ...
2 days ago · MUMBAI, Dec 24 (Reuters) - The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for ...
Rupee hits record low, pressured by strong NDF dollar bids; RBI …
5 hours ago · The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable forwards (NDF) market while likely intervention by the Reserve Bank of ...
Indian Rupee Declines Most Since February 2023 - Bloomberg
2 hours ago · The Indian rupee fell the most in almost two years as month-end dollar demand by importers weighed on the currency.. The rupee dropped 0.6% to a fresh record low of 85.7437 per dollar on Friday ...
Rupee ends at record closing low for 3rd straight session as dollar ...
23 hours ago · MUMBAI, Dec 26 (Reuters) - The Indian rupee settled at a record closing low for a third consecutive session on Thursday, pressured by a firm dollar and importers' month-end dollar demand. The ...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of India's (RBI) monetary policy decision. Analysts predict potential easing measures like a CRR reduction, but a surprise rate cut could weaken the rupee further.
Daily Briefing: Where the rupee stands | Live News - The Indian …
1 day ago · Big Story. Is the rupee weakening or strengthening? Well, both. Let me explain. The rupee has been nosediving against the US dollar each day. However, its real effective exchange rate (REER) index is at an all-time high, per the latest Reserve Bank of India (RBI) data. For context: The REER is the value of the currency compared to a …
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
Dec 19, 2024 · The rupee breaching 85 per dollar has traders speculating about the next line in the sand under the new central bank governor. ... news and insight around the world.