Rupee falls to record low on buoyant dollar, persistent outflows
1 day 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 1 paisa to close at fresh all-time low of 84.39 against …
1 day ago · News; Business; Rupee slips 1 paisa to close at fresh all-time low of 84.39 against US dollar; Rupee slips 1 paisa to close at fresh all-time low of 84.39 against US dollar In the last five sessions, the local unit has lost 32 paise against the greenback.
Rupee slips to record low but avoids sharp losses on cenbank ...
2 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 ...
All-time low beckons for rupee on slide in yuan, rally in dollar …
1 day ago · The 1-month non-deliverable forward indicated that the rupee will open at 84.40-84.42 to the U.S. dollar, inching past the all-time low of 84.3925 hit on Monday. The rupee has been making all-time ...
India Ready to Weaken Rupee in Line With Yuan on Trump Win
2 days ago · November 10, 2024 at 5:30 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 ...
RBI steps in to halt major movements in weakening Indian rupee …
Nov 5, 2024 · The rupee continues to remain volatile, which is evident from the dip in India's forex reserves in the last four weeks. As per the RBI’s data, forex reserves dipped $3.463 billion during the ...
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 ...
Rupee falls to record low on buoyant dollar, persistent outflows
1 day ago · The currency has fallen to record lows for five straight sessions. 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 hit a low of 84.4125 before ending at 84.3925, unchanged from its closing level in the previous session.
Indian rupee falls to an all-time low against U.S. dollar
2 days ago · The Indian rupee (USD:INR) weakened to an all-time low against the U.S. Dollar (DXY) on Monday amid persistent outflows from local equities and weakness in regional currencies. The currency was at ...
RBI's routine interventions to halt major movements in Indian rupee ...
The latest data from the RBI's monthly bulletin showed the rupee's trade-weighted real effective exchange rate was 105.17 in September, implying the currency was overvalued by around 5%.
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