Rupee falls to record low on buoyant dollar, persistent outflows
3 days ago · The rupee hit a low of 84.4125 before ending at 84.3925, unchanged from its closing level in the previous session. The currency has fallen to record lows for five straight sessions. Donald Trump's ...
Rupee slips to record low but avoids sharp losses on cenbank ...
4 days ago · The Indian rupee slipped to an all-time low on Monday, pressured by weakness in regional currencies and sustained outflows from local equities but central bank intervention helped avoid sharp ...
rupee today: Rupee slips to record closing low but fares better …
1 day ago · The Indian rupee slipped to its weakest closing level on record on Thursday but fared better than its regional peers as state-run banks' dollar sales countered a surging greenback and weakness in local stocks. The rupee closed at 84.3950 against the U.S. dollar, down marginally from its close at 84.3775 in the previous session. The currency was ...
Rupee: Rupee falls 1 paisa to all-time low of 84.40 against US …
1 day ago · The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors. Forex traders said the downward pressure on the USD/INR pair is largely driven by persistent inflation and significant foreign outflows. At the interbank foreign exchange, the rupee opened at 84.40 ...
Rupee may slip to record low as worries over Trump win weigh on …
4 days ago · The 1-month non-deliverable forward indicated that the rupee will open at 84.38-84.40, compared to 84.3750 on Friday and the 84.38 lifetime low. Asian currencies were mostly lower on Monday with ...
India Ready to Weaken Rupee in Line With Yuan on Trump Win
4 days ago · November 10, 2024 at 9:31 PM PST. Translate. India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US ...
Rupee falls 1 paisa to all-time low of 84.40 against U.S. dollar in ...
2 days ago · The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday (November 13, 2024), as persistent foreign fund outflows and a muted trend in domestic ...
A New Red Line for India’s Rupee Is Forming as Pressure Mounts
Aug 9, 2024 · A New Red Line for India’s Rupee Is Forming as Pressure Mounts. The rupee fell to a new all-time low of 83.9875 per dollar on Thursday, and is down 0.7% this quarter. India’s central bank ...
How India’s Rupee Went From Most to Least Volatile in Asia
Jun 26, 2024 · The Indian rupee has gone from being one of Asia’s most volatile currencies to among its most stable in the span of a decade. The turnaround reflects India’s growing economic heft and the ...
India's current account deficit to remain manageable in FY25, Rupee …
18 hours ago · Bank of Baroda predicts India's current account deficit will remain manageable in FY25 and FY26 due to stable oil prices. However, a widening trade deficit, driven by increased oil and gold imports, poses a challenge. Despite export growth, the rupee is expected to weaken due to a strong dollar and capital outflows.