Rupee dips to lifetime low amid firm dollar ahead of key jobs data
1 day ago · The Indian rupee hit an all-time low on Friday, pressured by a firm dollar and as regional currencies stayed on the defensive ahead of the keenly awaited U.S. nonfarm payrolls report.
Rupee hits all-time low, nears 86 mark against US dollar
1 day ago · Rupee hits all-time: Closing at 85.9650, the rupee marked its tenth consecutive weekly loss, slipping 0.2% this week amid a strong dollar and persistent capital outflows. ... News Business Rupee hits all-time low, nears 86 mark against US dollar. ... Dollar strength, capital outflows weigh heavily on Indian rupee; RBI intervenes as rupee nears ...
Rupee slides to a new low, RBI lends support - The Economic Times
2 days ago · The Indian rupee weakened 14 paisa on Wednesday and touched a lifetime low of 85.857 per dollar before closing at another record low of 85.845/$1 as strong US economic data led market participants to speculate a slower pace of rate cuts by the US Federal Reserve. Intervention from the Reserve Bank of India (RBI) helped cap …
Pressure on rupee to ease, India to grow at 6.6%: UN | Business News …
1 day ago · The Indian rupee has remained under pressure due to the strengthening US dollar, hitting a lifetime low of 85.93 against the dollar on Thursday. This has contributed to a fall in India’s foreign exchange reserves, which dropped to …
Rupee May Fall Past 90 Per Dollar as RBI Ditches Quasi-Peg
1 day ago · The Indian rupee may fall past 90 per dollar this year as the monetary authority prepares to ditch the currency’s implicit quasi-peg to the dollar, according to Gavekal Research.
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.
INR/USD: RBI Chief Faces Calls to Unshackle Indian Rupee Amid …
3 days ago · India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing volatility like his predecessor did, or respond to calls for more flexibility ...
Rupee logs biggest one-day gain in over a month as ... - The Indian …
4 days ago · The Indian rupee logged its biggest one-day gain in more than a month on Tuesday as the dollar dipped towards a one-week low, boosting regional currencies, while foreign banks’ dollar sales also helped. The rupee closed up 0.1% at 85.7125 against the U.S. dollar, its strongest daily gain since late-November.
Rupee hits record low as Indian equities slide, bearish tilt persists ...
5 days ago · MUMBAI, Jan 6 (Reuters) - The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger ...
RUPEE USD EXCHANGE RATE - The Economic Times
5 days ago · The Indian rupee weakened against the US dollar, reaching 83.44 in early trade due to subdued domestic equities. A falling dollar index and lower Brent crude prices limited further decline. GST payments caused a liquidity deficit in Indian banking. Experts predict the rupee will trade between 84.00 and 84.50. 27 Nov, 2024, 10:26 AM IST