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Rupee slumps to record low, logs worst day in nearly 7 months as dollar bids spike
The Indian rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.
Rupee hits new low as RBI’s forward strategy stir markets
Indian Rupee hits record low at 85.81 per dollar, driven by RBI actions, market activity, and speculation, experts say.
Rupee hits record low against US Dollar, weakens past 85.50 mark
With the fall, the INR has broken below the psychologically key level of 85.50 for the first time, weakening for a ninth day in a row.
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 forwards (NDF) market, while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses.
38m
Rupee logs steepest intraday decline in nearly two years
The currency, however, made a sharp recovery to close at a record low of 85.54, down 28 paise compared to Thursday’s close of ...
1d
on MSN
Indian rupee drops to all-time low against US dollar
The Indian rupee dropped to a lifetime low versus the U.S. dollar at open on Thursday, bogged down by higher U.S. Treasury ...
6h
on MSN
Top news on December 27: Rupee hits new low; tributes pour in for Manmohan Singh; hailstorm alert in Delhi, more
The Indian rupee hit a new low on December 27, falling 0.6% to 85.7437 per dollar. The Sensex and Nifty 50 gained, driven by ...
1d
on MSN
Indian Rupee to remain in pressure amid weak manufacturing exports & policy rate differential with US- Report
The Indian rupee may face pressure in 2025 from slowing FDI, weak manufacturing exports, and narrowing policy rate ...
The Financial Express
13h
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.
12h
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.
newsbytesapp.com
2d
Indian rupee in freefall? Why it keeps hitting record lows
The Indian rupee has witnessed a record fall against the US dollar, hitting an all-time low of 85.21 on Tuesday. This is the ...
3d
Indian central bank likely selling dollars to cap rupee depreciation, traders say
The Indian central bank was likely selling dollars to limit the rupee's losses after it hit a record low on Tuesday on higher ...
12h
on MSN
Rupee breaches 85.70 against US dollar, sees steepest single-day loss since February 2023
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading a tad higher at 108.1 ...
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