Rupee holds just above all-time low as state-run banks' dollar …
WEBMUMBAI, July 22 (Reuters) - The Indian rupee was pinned near its record low on Monday, amid weakness in most Asian currencies, with dollar sales from state-run banks helping the South Asian...
Rupee ends lower, logs worst single-day fall in nearly two months
WEBMUMBAI, Aug 21 (Reuters) - The Indian rupee dropped on Wednesday to log its worst single-day performance in nearly two months as dollar demand from importers and foreign banks wiped off nearly...
Explainer: Why rupee hit record low against US dollar
WEBJun 20, 2024 · The Indian rupee hit a record low against the US dollar due to anticipated outflows and robust demand from local importers, with the central bank's role crucial in managing its value amidst broader Asian currency trends and the US dollar's strength.
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee is down ...
WEBThe Indian rupee closed slightly down on Monday, unable to build on recent gains as local dollar demand pressured the currency even as most of its Asian peers rose.
All-time low looms for rupee on risk aversion; RBI watched
WEBJul 25, 2024 · The Indian rupee is expected to decline to a lifetime low at open on Thursday on weak risk appetite and a drop in Asian peers.
Rupee rises to two-month peak boosted by yuan rally, likely inflows
WEB2 days ago · The Indian rupee hit a two-month high on Thursday, aided by likely portfolio inflows and a rally in the Chinese yuan after the Federal Reserve delivered a 50 basis points interest rate cut. Asian currencies gained, with the offshore Chinese yuan, a closely watched peer of the rupee, rising 0.4% to 7.06, its strongest level since May 2023. The Fed's larger-than-usual rate reduction propelled ...
Indian Rupee Hits Weakest Level Ever Against the Dollar - The …
WEBJul 19, 2022 · The Indian rupee touched the weakest level on record against the dollar on Tuesday, another victim of higher energy prices and a stronger greenback.
Rupee’s Brief Dalliance With Record Low Yet to Crack Tight Range
WEBNov 2, 2023 · The Indian rupee saw a record low close of 83.29 per dollar Wednesday before pulling back Thursday, but strategists say a sustained break of its recent trading range is needed before...
Explained: Why is the rupee falling vs US dollar? - The Economic Times
WEBSep 27, 2022 · Since July 2022, the rupee has been oscillating between 79-80, protected by the Reserve Bank of India (RBI) while importers, oil companies and the government remained buyers at lower levels. However, the dollar index has been rising from 104.30 levels as Euro, GBP and JPY fell to their near 20 …
The Indian rupee touched record lows, but not everyone is worried
WEBJul 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...
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