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Rupee hits record low, pressured by strong NDF dollar bids
Rupee hits record low, pressured by strong NDF dollar bids; RBI likely steps in
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.
Rupee remains under pressure, hits record low of 85.28 vs $
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 investors. The currency struggles with recovery amid global economic uncertainties and domestic macroeconomic challenges,
Rupee tumbles 12 paise to close at new record low of 85.27 against US dollar
Rupee hits all-time low against US dollar due to strong greenback, rising crude oil prices, and dollar demand.
9h
on MSN
Rupee ends at record closing low for 3rd straight session as dollar firms
The Indian rupee settled at a record closing low for a third consecutive session on Thursday, pressured by a firm dollar and ...
cnbctv18
2h
Explained | Why rupee is in a free fall against the US Dollar
Several factors are driving this decline. Firstly, the US Dollar has strengthened, supported by expectations around the ...
Fortune India
2h
Rupee hits record low in biggest single-day fall since Feb 2023
India’s import bill is expected to increase by about $15 billion due to INR depreciation impact, says Global Trade Research ...
7h
Rupee to remain burdened by dollar outlook, importer demand
Indian rupee weakens further against US dollar due to strong dollar outlook and increased demand from importers.
cnbctv18
4h
Rupee hits fresh all-time low of 85.64 against US dollar
The rupee slipped to its record low of 85.64 against the US dollar on Friday, December 27. The Indian currency weakened to ...
The Financial Express
4h
Rupee touches record low in 2024, but volatility stays low, says CareEdge Ratings
Rupee hits record low against dollar in 2024; explore how RBI interventions and stable oil prices maintain low volatility.
1d
Wider trade deficit, tepid capital flows push rupee to all-time low
The Indian rupee hit a lifetime low for the seventh straight session on Thursday, adding to its losses in the current quarter ...
2h
Rupee plunges to record low of 85.74 against US dollar
The rupee hit a fresh record low on Friday, depreciating by 0.6 per cent to close at 85.7437 per US dollar. This marks its steepest single-day fall since February 2023, as per Bloomberg data. The ...
3h
Indian Rupee Declines Most Since February 2023
The Indian rupee fell the most in almost two years as month-end dollar demand by importers weighed on the currency.
6h
on MSN
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable ...
17h
on MSN
From Rupee devaluation to Mutual Funds: How Manmohan Singh opened India’s doors to the world
Faced with a dire financial crisis in 1991, Manmohan Singh, then Finance Minister, introduced the New Economic Policy under ...
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