Rupee Hits Fresh All-Time Low Of 85.80: Why Is Indian Currency
22 hours ago · Sliding for the fourth straight session, the rupee on Friday hit its fresh all-time low of 85.80 per US dollar amid continued dollar strengthening and capital outflows from India. The domestic currency on Friday fell by a significant 53 paise to 85.80 to a dollar during the day before recovering and closing the day finally lower by 25 paise to ...
Rupee Hits Fresh All-Time Low Of 85.24, Falls 9 Paise Against Dollar
2 days ago · The Indian rupee on Thursday declined by 9 paise to hit an all-time low of 85.24 against US dollar in the opening trade, amid higher US Treasury yields and a fall in most Asian peers. The 10-year US Treasury yield rose to the highest since late May on Tuesday. Surging crude oil prices also pushed the rupee down further, according to analysts.
Wider trade deficit, tepid capital flows push rupee to all-time low
2 days ago · The Indian rupee hit a lifetime low for the seventh straight session on Thursday, adding to its losses in the current quarter on the back of a combination of a wider trade deficit and anaemic ...
Indian Rupee Posts Steepest Single-Day Loss Since February 2023
22 hours ago · The rupee dropped 0.6% to a fresh record low of 85.7437 per dollar on Friday, marking its largest single-day loss since February 2023. Concern over the nation’s trade deficit and slower economic ...
Rupee falls 23 paise to hit fresh record low of 85.50 against U.S ...
1 day ago · The Rupee fell steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected Central bank intervention helped recover some of its losses and settled 23 paise lower at a ...
Indian Rupee Declines Most Since February 2023 - Bloomberg
23 hours ago · The Indian rupee fell the most in almost two years as month-end dollar demand by importers weighed on the currency. The rupee dropped 0.6% to a fresh record low of 85.7437 per dollar on Friday ...
Rupee slumps to record low, logs worst day in nearly 7 months as …
20 hours ago · 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. The rupee weakened to an all-time low of 85.8075 against the U.S. dollar, before intervention by the central bank helped it trim steep losses, according to traders.
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.
Rupee hits record low for sixth straight session as broad dollar ...
3 days ago · MUMBAI, Dec 24 (Reuters) - The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for ...
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
Dec 19, 2024 · Rupee Breaching 85 Has Traders Watch for RBI’s Line in Sand Currency’s volatility may rise on stronger dollar after Fed Analysts expect RBI will continue to intervene in forex market
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