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Rupee Hits Record Low Of 84.76 Against US Dollar
Rupee hits record closing low, forward premiums extend decline
The Indian rupee logged its weakest closing level on record on Wednesday, hurt by a lingering deprecation bias and broad-based dollar bids while dollar-rupee forward premiums extended their decline.
Rupee hits fresh record low of 84.70 on concerns over slowing growth, strong dollar
The local currency closed at 84.70 against the greenback, compared to the opening of 84.58 and the previous close of 84.49.
RBI Intervenes To Support Rupee Amid Record Low, Conducts Dollar-Rupee Swaps
The Reserve Bank of India (RBI) is actively intervening in the forex market, conducting dollar-rupee buy/sell swaps in mid-to-far tenors on Wednesday, according to four traders cited by Reuters. This intervention comes as the rupee struggles to recover after hitting an all-time low of 84.
Rupee drops to record low pressured by yuan slide, NDF dollar bids
The Indian rupee hit an all-time low on Tuesday weighed down by a broadly stronger dollar and a slump in the offshore Chinese yuan to a one-year low, while persistently strong dollar bids in the non-deliverable forwards market also exerted pressure.
5h
on MSN
Indian rupee on gentle one-way path down, to breach 85/$ in 6 months
The Indian rupee will break through 85 per U.S. dollar to hit a new low in the next six months even as the Reserve Bank of ...
11h
USD/INR holds steady despite weak Indian Services PMI data
The Indian Rupee steadies in Wednesday’s Asian session. India's disappointing GDP data, foreign fund outflows and ...
2d
USD/INR forecast: Here’s why the Indian rupee has crashed
What is the outlook of the USD/INR after plunging to a record high? We explain what to expect that the Indian rupee has ...
2d
on MSN
Indian cenbank likely intervenes to support rupee at record low, traders say
The Indian central bank was likely selling dollars on Monday to support the rupee, traders said, after the currency declined ...
tbsnews
10h
Demand for Indian rupee decreases, price of the currency falls
Globally also, the Indian rupee declined to a lifetime low yesterday (3 December), pressured by the US dollar's rally against its major peers and on concerns over the Asian country's slowing growth ra ...
4h
Yield of benchmark 10-year G-Sec plummets to three-year low, Rupee dips to record low
RBI expected to announce liquidity measures as G-Sec yield falls, Rupee hits record low against Dollar due to various factors ...
The Week
1d
Indian rupee may continue to remain weak in near term: Experts
Owing to the continued economic pressures, there could be a possibility of the rupee reaching the 85 mark in the future.
India Today on MSN
12h
Rupee's slide: What it means for economy, markets, and you
Although the rupee has recovered slightly today due to gains in the Chinese yuan, the recent drop reflects a confluence of ...
6d
Stable Indian Rupee Weathers Currency Storm Unleashed By Trump's Tariff Threats
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
14h
on MSN
Rupee finds mild relief as yuan nudges higher, portfolio outflows ease
The Indian rupee was a tad stronger on Wednesday, supported by gains in the Chinese yuan and on dwindling pressure from ...
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United States dollar
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