Rupee takes a dive, more turbulence in 2025
3 months, 2 weeks ago

Rupee takes a dive, more turbulence in 2025

Live Mint  

What triggered the rupee’s recent fall? The Indian rupee breached a record low of 84.85 per dollar this week and briefly tested 85.06-per-dollar levels as outgoing Reserve Bank of India governor Shaktikanta Das’s term ended on Tuesday. However, increasing geopolitical uncertainty, attractive US government bond yields, cheaper crude oil prices and heavy foreign institutional investor outflow from domestic equities further boosted dollar demand and exacerbated the rupee’s fall at the fag end of 2024. A recent India Ratings and Research report suggests India’s current account deficit is expected to widen to a seven-quarter high of $15 billion in Q2 from a $9.8 billion deficit in Q1. While Indians will pay more for foreign goods and services going ahead, “if the rupee stays within the 3% on-year depreciation range, it should not be a major issue", Anindya Banerjee, head, currency, Kotak Securities, said.

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History of this topic

Rupee falls 8 paise to settle at 85.77 against U.S. dollar
1 day, 17 hours ago

Rupee falls 8 paise to settle at 85.77 against U.S. dollar

The Hindu  

The rupee weakened by 8 paise to close at 85.77 against the U.S. dollar on Thursday, as month-end dollar demand from importers, coupled with the greenback's recovery against major currencies, weighed on the rupee. The U.S. dollar strengthened after U.S. president Donald Trump late on Wednesday announced long-promised 25% tariffs on automotive imports, set to take effect on April 2. …

Rupee halts nine-day rally, settles at 85.75 vs US dollar as importers step in, Asian peers slip
3 days, 17 hours ago

Rupee halts nine-day rally, settles at 85.75 vs US dollar as importers step in, Asian peers slip

Live Mint  

The Indian rupee closed lower to halt a nine-day winning run on Tuesday as importers stepped in to hedge liabilities at favourable levels, dollar inflows moderated and the local currency's regional peers slipped. Intermittent inflows from overseas portfolio investors and the repatriation of corporate dollar-based earnings ahead of the fiscal year ending March 31 have helped the rupee outpace its …

Rupee falls 13 paise to settle at 85.74 against U.S. dollar
3 days, 17 hours ago

Rupee falls 13 paise to settle at 85.74 against U.S. dollar

The Hindu  

The rupee snapped its seven-session rally and settled with a loss of 13 paise at 85.74 against the U.S. dollar on Tuesday, as increased demand for dollars from importers, coupled with the greenback's recovery against major currencies, weighed on the rupee. Forex traders said the Indian rupee halted its seven-day winning streak, reflecting a shift in market sentiment towards risk …

Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years
Trending News
1 week ago

Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years

Live Mint  

INR vs USD Rate Today: The Indian rupee posted its best day against the US dollar in two months after rising for the sixth straight session on Friday, March 21. INR vs USD Rate Outlook “Rupee strengthened with a sharp rise of ₹0.40 or 0.46 per cent at 85.94, as foreign inflows surged with strong buying figures. The US Fed's …

Indian bonds rally on demand boost; 10-year yield’s weekly fall most in 4 months
1 week ago

Indian bonds rally on demand boost; 10-year yield’s weekly fall most in 4 months

Live Mint  

By Khushi Malhotra and Dharamraj Dhutia MUMBAI, March 21 - Indian government bonds rallied this week, with the 10-year benchmark bond yield falling the most in four months, amid growing expectations that another domestic rate cut could unleash pent up investor demand. Indian government bonds were not performing due to tight liquidity conditions, but now there is high demand, said …

Rupee to withstand recovery in dollar index, hold on to weekly advance
Trending News
1 week, 1 day ago

Rupee to withstand recovery in dollar index, hold on to weekly advance

Live Mint  

By Nimesh Vora MUMBAI, March 21 - The Indian rupee is likely to show limited reaction on Friday to the dollar index's recovery, with inflows from foreign banks expected to sustain its weekly upward trend. The 1-month non-deliverable forward indicated that the rupee will open flat-to-marginally higher to the U.S. dollar from 86.3675 in the previous session. DOLLAR INDEX RECOVERS …

Bears bail as inflows boost Indian rupee to near two-month high
1 week, 1 day ago

Bears bail as inflows boost Indian rupee to near two-month high

Live Mint  

By Jaspreet Kalra and Nimesh Vora MUMBAI, March 20 - The Indian rupee hit a near two-month high on Thursday, boosted by dollar sales by foreign banks and the culling of bearish wagers as seasonal inflows propped up the currency. Traders have attributed the rupee's recent rally primarily to dollar sales by foreign banks, likely on behalf of their clients. …

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade
Top News
1 week, 1 day ago

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade

The Hindu  

The Rupee appreciated 12 paise to 86.25 against the U.S. dollar in early trade on Thursday, tracking positive domestic equities and the weakness of the American currency in the overseas market. However, risks remain owing to unabated Foreign Institutional Investor sell-off and uncertainty surrounding U.S. President Donald Trump's tariff stance could pose challenges to the Rupee's upward momentum. Meanwhile, the …

Rupee rises 12 paise to settle at 86.44 against U.S. dollar
Top News
1 week, 2 days ago

Rupee rises 12 paise to settle at 86.44 against U.S. dollar

The Hindu  

Rising for the fourth straight session, the rupee appreciated 12 paise to close at 86.44 against the U.S. dollar on Wednesday, supported by a positive trend in domestic equity markets and lower global crude oil prices. However, a strengthening American currency against major currencies overseas ahead of the U.S. Federal Reserve’s interest rate decision capped the sharp gain in the …

Rupee Falls 41 Paise Against USD, Worst Single Day Drop in a Month
2 weeks, 4 days ago

Rupee Falls 41 Paise Against USD, Worst Single Day Drop in a Month

Deccan Chronicle  

Mumbai: The Indian rupee fell by 41 paise to close at 87.36 against the US dollar on Monday, marking its steepest single-day drop in over a month since February 5 amid worries about the United States' statements on tariffs on Indian exports to the US. Market participations are now closely monitoring consumer inflation data from both India and the US, …

Rupee sinks 38 paise to 87.33 against U.S. dollar; logs worst single-day fall in a month
2 weeks, 4 days ago

Rupee sinks 38 paise to 87.33 against U.S. dollar; logs worst single-day fall in a month

The Hindu  

The rupee depreciated by 38 paise, its steepest fall in over a month, to close at 87.33 against the U.S. dollar on Monday due to volatile crude oil prices amid tariff uncertainties worldwide and unabated outflow of foreign funds. Domestic equity markets closed lower with the 30-share BSE Sensex falling by 217.41 points, or 0.29%, to 74,115.17, and the Nifty …

Govt wants rupee stability; RBI may again aggressively defend the currency
2 weeks, 5 days ago

Govt wants rupee stability; RBI may again aggressively defend the currency

Live Mint  

Mumbai/New Delhi: The Reserve Bank of India is expected to continue defending the rupee, with the government expressing confidence that the central bank's strategic interventions would stagger the pace of slide, according to a senior official. There is no change in the forex policy of the central bank despite several quarters believing that under the new governor Sanjay Malhotra, RBI …

Rupee falls 6 paise to settle at 87.12 against U.S. dollar
3 weeks, 1 day ago

Rupee falls 6 paise to settle at 87.12 against U.S. dollar

The Hindu  

The rupee snapped its three-day rally and settled with a loss of 6 paise at 87.12 against the U.S. dollar on Thursday amid uncertainty over trade tariffs and persistent foreign fund outflows. In initial trade, the local currency gained momentum after the U.S. delayed implementation of higher tariffs on Canada and Mexico, and RBI's decision to infuse ₹1.9 trillion liquidity …

Rupee falls 5 paise to 87.11 against US dollar in early trade
3 weeks, 1 day ago

Rupee falls 5 paise to 87.11 against US dollar in early trade

The Hindu  

The rupee failed to sustain its gaining momentum and fell 5 paise to 87.11 against the US dollar in early trade on Thursday as a lower American currency and crude oil prices failed to boost sentiment amid volatile equity markets and foreign funds outflow. In the domestic equity market, the 30-share BSE Sensex was trading 20.53 points, or 0.03 per …

Rupee falls 8 paise to 87.40 against U.S. dollar in early trade
3 weeks, 3 days ago

Rupee falls 8 paise to 87.40 against U.S. dollar in early trade

The Hindu  

The rupee declined 8 paise to 87.40 against the U.S. dollar in early trade on Tuesday, weighed down by persistent foreign fund outflows and a prevailing liquidity deficit. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was at 106.61, lower by 0.12%, amid escalating trade tensions, which have been triggered by US. “With …

Rupee rises 9 paise to 87.28 against U.S. dollar in early trade
3 weeks, 4 days ago

Rupee rises 9 paise to 87.28 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 9 paise to 87.28 against the U.S. dollar in early trade on Monday as the American currency index retreated from elevated level and domestic equity markets indicated some recovery after firm macroeconomic data. The Reserve Bank on Friday conducted U.S. dollar-rupee swap worth $10 billion for injecting long-term liquidity in the system, with the auction eliciting robust …

Rupee falls for fifth straight month in February on outflows, hedging demand
1 month ago

Rupee falls for fifth straight month in February on outflows, hedging demand

Live Mint  

By Siddhi Nayak MUMBAI, Feb 28 - The Indian rupee logged its fifth straight monthly fall in February, weighed down by foreign portfolio outflows and increased hedging in the onshore and the non-deliverable forward market. India's sluggish economic growth, uncertainty over U.S. President Donald Trump's tariffs and rising possibility of a global trade war have hit foreign investors' demand for …

Rupee falls 19 paise to 87.37 against U.S. dollar in early trade
1 month ago

Rupee falls 19 paise to 87.37 against U.S. dollar in early trade

The Hindu  

The rupee declined 19 paise to 87.37 against the U.S. dollar in early trade on Friday, as the strength of the American currency and a negative trend in domestic equities dented investor sentiments. At the interbank foreign exchange, the rupee opened at 87.32, then fell to 87.37 against the American currency, registering a decline of 19 paise over its previous …

Rupee falls 22 paise to 87.41 against U.S. dollar in early trade
1 month ago

Rupee falls 22 paise to 87.41 against U.S. dollar in early trade

The Hindu  

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. Global financial markets experienced renewed volatility as US President Donald …

Rupee logs biggest single-day drop in 3 weeks: Is the domestic currency poised for further weakness? Experts weigh in
1 month ago

Rupee logs biggest single-day drop in 3 weeks: Is the domestic currency poised for further weakness? Experts weigh in

Live Mint  

INR vs USD Today: The Indian rupee logged its worst day in three weeks on Tuesday, February 25, 2025, dragged by weakness in regional peer currencies, importer hedging and US dollar demand related to the expiry of the non-deliverable forward contracts causing month-end interest among importers. According to forex traders, elevated greenback against major crosses and sustained foreign institutional outflows …

Rupee crash casts shadow over US-bound Indian students’ dreams; total cost may go up by ₹3.7 lakh a year
1 month ago

Rupee crash casts shadow over US-bound Indian students’ dreams; total cost may go up by ₹3.7 lakh a year

Live Mint  

As the Indian rupee continues to fall against the US dollar, students from India who plan to travel abroad for higher studies stare at a tough road ahead. Although the banking regulator’s intervention strengthened the rupee by nearly one per cent against the US dollar, the rupee still trades nearly five per cent lower than its level one year ago. …

Rupee Falls 51 Paise to 87.23, Worst Drop in 3 Weeks
1 month ago

Rupee Falls 51 Paise to 87.23, Worst Drop in 3 Weeks

Deccan Chronicle  

Mumbai: The Indian rupee fell sharply by 51 paise on Tuesday to settle at 87.23 against the US dollar due to month-end dollar demand by importers and oil marketing companies, covering of short positions due to the expiry of the futures contract, uncertainty over US trade tariffs, and outflows from foreign portfolio investors. Over the past six months, the Indian …

Rupee plummets 51 paise to end at 87.23 against U.S. dollar
1 month ago

Rupee plummets 51 paise to end at 87.23 against U.S. dollar

The Hindu  

The rupee fell sharply by 51 paise to settle at 87.23 against the U.S. dollar on Tuesday due to month-end dollar demand by importers amid uncertainty over U.S. trade tariffs. "The rupee fell sharply against the U.S. dollar amid uncertainty over U.S. trade tariffs and demand from importers towards the end of the month. However, any intervention by the RBI …

Rupee falls 16 paise to 86.88 against US dollar in early trade
Trending News
1 month ago

Rupee falls 16 paise to 86.88 against US dollar in early trade

The Hindu  

The rupee declined 16 paise to 86.88 against the US dollar in early trade on Tuesday amid a strengthening greenback, sustained FII outflows, and a rise in Brent crude prices. Due to risk of sentiments, the market is expected to buy dollars to take it higher against the rupee," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury …

Rupee plunges 51 paise to end at 87.23, worst in 3 weeks
1 month ago

Rupee plunges 51 paise to end at 87.23, worst in 3 weeks

New Indian Express  

MUMBAI: The rupee, after gaining in the past week, saw its worst single-say fall since February 5, plunging 51 paise or 0.6% to close at 87.21 on Tuesday or from 86.695 in the previous session, spooked by the continuing talks about additional tariffs by the US president Donald Trump and the offshore derivatives market expiry, which led to a surge …

Indian stock market lags behind its global peers in 2025. Is the worst yet to come?
1 month ago

Indian stock market lags behind its global peers in 2025. Is the worst yet to come?

Live Mint  

Indian stock market is witnessing a sharp reversal in 2025, with a wave of selling pressure rattling investor confidence, sending stocks to trade at multi-month lows. India’s bilateral goods trade surplus with the U.S. has doubled over the past decade to $35 billion in FY24, equivalent to around 1.0% of India's GDP, as per the recent estimates. S&P Global Ratings …

Rupee falls 7 paise to close at 86.71 against U.S. dollar
1 month, 1 week ago

Rupee falls 7 paise to close at 86.71 against U.S. dollar

The Hindu  

The rupee pared initial gains and settled 7 paise lower at 86.71 against the U.S. dollar on Friday, weighed down by sustained foreign fund outflows and a recovery in the American currency index. Forex traders said the Indian rupee declined on Friday on weak domestic markets and a recovery in the U.S. dollar index. However, any fresh intervention by the …

Rupee rises 14 paise to 86.50 against U.S. dollar in early trade
1 month, 1 week ago

Rupee rises 14 paise to 86.50 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 14 paise to 86.50 against the U.S. dollar in early trade on Friday, fuelled by the broad weakening of the US dollar, which faced downward pressure from lackluster economic data. "The dollar's weakness created a favourable environment for the Indian rupee," CR Forex Advisors MD - Amit Pabari said, adding that "India's robust real yield of 2.39% …

Rupee Rises 33 Paise on Strong Dollar Inflows
1 month, 1 week ago

Rupee Rises 33 Paise on Strong Dollar Inflows

Deccan Chronicle  

Mumbai: The Indian rupee saw a relief rally, settling at a one-week high on Thursday, tracking the Chinese yuan and dollar sales from foreign banks. Adding to the positive sentiment was data showing that the rupee’s 40-currency Real Effective Exchange Rate eased to 104.83 in January 2025, down from a high of 108.30 in November and 107.20 in December 2024. …

Rupee rises 33 paise to close at 86.65 against U.S. dollar
1 month, 1 week ago

Rupee rises 33 paise to close at 86.65 against U.S. dollar

The Hindu  

The rupee appreciated 33 paise to close at 86.65 against the U.S. dollar on Thursday, supported by the weakening of the American currency in the overseas market. Forex traders said on the domestic front, India's economy is expected to demonstrate a strong momentum in the second half of the year but the rupee is battling global headwinds. According to an …

Will Indian rupee fall more due to Trump's reciprocal tariffs?
1 month, 1 week ago

Will Indian rupee fall more due to Trump's reciprocal tariffs?

Firstpost  

While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs A man counting Rs 100 notes. Reciprocal US trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, …

Weak rupee could pave the way for a long-awaited IT recovery
1 month, 1 week ago

Weak rupee could pave the way for a long-awaited IT recovery

Live Mint  

The Indian information technology sector has been trying to make a meaningful comeback for a while. From a macro perspective, a sinking rupee spells trouble, mainly for importers, but India’s IT firms are exporters of services and a large part of their revenue is denominated in these currencies. Pole position LTIMindtree Ltd, Wipro Ltd, Sagility India Ltd and Coforge Ltd …

Rupee falls 8 paise to close at 86.96 against U.S. dollar
1 month, 1 week ago

Rupee falls 8 paise to close at 86.96 against U.S. dollar

The Hindu  

Rupee depreciated 8 paise to close at 86.96 against U.S. dollar weighed down by sustained foreign fund outflows and an uptick in the U.S. Dollar index. Forex traders said there is a negative bias for the USD/INR pair as foreign investors continue to sell domestic equities and the RBI support is tapering off slowly. "We expect the rupee to trade …

Rupee falls 8 paise to 86.96 against U.S. dollar in early trade
1 month, 1 week ago

Rupee falls 8 paise to 86.96 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 8 paise to 86.96 against the U.S. dollar in early trade on Tuesday, weighed down by sustained foreign fund outflows and a negative trend in domestic equities. Forex traders said there is a negative bias for the USD/INR pair as foreign investors continue to sell domestic equities and the RBI support is tapering off slowly. A decisive …

Rupee falls 16 paise to close at 86.87 against U.S. dollar
1 month, 1 week ago

Rupee falls 16 paise to close at 86.87 against U.S. dollar

The Hindu  

The rupee depreciated 16 paise to close at 86.87 against the U.S. dollar on Monday, weighed down by significant foreign fund outflows and a recovery in the U.S. dollar index from intraday lows. Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure dollars, as …

Rupee trades in narrow range against U.S. dollar in early trade
1 month, 1 week ago

Rupee trades in narrow range against U.S. dollar in early trade

The Hindu  

The rupee witnessed a range-bound trade and depreciated 5 paise to 86.76 against the U.S. dollar in initial deals on Monday, weighed down by significant foreign fund outflows and a negative trend in domestic equities. Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure …

Rupee trades in narrow range against US dollar in early trade
1 month, 1 week ago

Rupee trades in narrow range against US dollar in early trade

Live Mint  

Mumbai, The rupee witnessed a range-bound trade and depreciated 5 paise to 86.76 against the US dollar in initial deals on Monday, weighed down by significant foreign fund outflows and a negative trend in domestic equities. Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to …

Rupee rises 12 paise to close at 86.81 against U.S. dollar
1 month, 2 weeks ago

Rupee rises 12 paise to close at 86.81 against U.S. dollar

The Hindu  

The rupee extended its recovery and settled 12 paise higher at 86.81 against the U.S. dollar on Friday amid easing American currency. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rupee gained on the weak U.S. dollar index. Finance Minister Nirmala Sitharaman on Thursday said the rupee along with other Asian currencies has depreciated against the U.S. dollar …

Heavy RBI intervention helps rupee log best week in 19 months
1 month, 2 weeks ago

Heavy RBI intervention helps rupee log best week in 19 months

Live Mint  

By Siddhi Nayak MUMBAI - The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exchange market and kept speculators betting against the currency at bay. The domestic unit has been under pressure amid India's sluggish economic growth, a recent interest rate cut by the Reserve …

Rupee falls 8 paise to 86.87 against U.S. dollar
1 month, 2 weeks ago

Rupee falls 8 paise to 86.87 against U.S. dollar

The Hindu  

The rupee failed to sustain its recovery and depreciated 8 paise to close at 86.87 against the U.S. dollar on Wednesday due to a firm American currency and an unending outflow of foreign funds. According to forex traders, rupee stayed firm initially but lost grounds amid volatile domestic equity markets that also added to the trend of withdrawal by foreign …

INR vs USD: Rupee rises for second day, hits two-week high on RBI intervention
1 month, 2 weeks ago

INR vs USD: Rupee rises for second day, hits two-week high on RBI intervention

Live Mint  

The Indian rupee rose on Wednesday, hitting a nearly two-week high and extending its two-day rally spurred by central bank intervention, which analysts reckon may have forced the liquidation of bearish positions on the currency. "The central bank's decisive hand is likely to stabilise the rupee in the near term, with the direction thereafter to be dictated by global dollar …

Rupee settles flat at 87.50 against USD after inching close to 88-level in intra-day trade
1 month, 2 weeks ago

Rupee settles flat at 87.50 against USD after inching close to 88-level in intra-day trade

Live Mint  

Mumbai, Feb 10 The rupee on Monday plunged 45 paise and moved closer to the 88 per US dollar-level, weighed down by the strength of the American currency tariff concerns, but settled on a flat note at 87.50 on suspected RBI intervention. The American currency gained in the overseas market after US President Donald Trump's plans to impose 25 per …

Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade
1 month, 2 weeks ago

Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 45 paise to hit a record low of 87.95 against the U.S. dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Rupee was expected to open weaker after RBI cut rates on Friday by 25 bps and was expected to …

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan
1 month, 2 weeks ago

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan

Live Mint  

The Indian rupee opened at a record low on Monday, tracking losses in Asian currencies after US President Donald Trump said he will introduce more tariffs. The rupee slipped 49 paise to open at an all-time low of 87.92 against the US dollar as against its Friday’s close of 87.43 per USD. “The rupee is expected to trade at elevated …

Rupee crashes 44 paise to all-time low of 87.94 against US dollar
1 month, 2 weeks ago

Rupee crashes 44 paise to all-time low of 87.94 against US dollar

India Today  

The rupee hit a new all-time low on Monday as concerns over potential U.S. trade tariffs triggered losses across most regional currencies. In early trade, the rupee weakened to 87.95 per U.S. dollar, surpassing its previous record low of 87.5825 from last week. The rupee was expected to breach the 88 level at the open, but dollar sales helped it …

FPIs Remain Cautious, Continue To Dump Indian Equities In Feb. See What Triggered The Selling
1 month, 2 weeks ago

FPIs Remain Cautious, Continue To Dump Indian Equities In Feb. See What Triggered The Selling

ABP News  

Foreign portfolio investors continued to withdraw from the Indian equity markets in February as global trade concerns mounted with US President Donald Trump imposing fresh tariffs on several countries such as China and Canada. Official depository data revealed that the investors dumped Indian equities worth more than Rs 7,300 crore in the first week of the month till February 7, …

Mint Quick Edit | A rupee slide needn’t be bad for India
1 month, 3 weeks ago

Mint Quick Edit | A rupee slide needn’t be bad for India

Live Mint  

The rupee seems to be on a relatively unrestrained slide. If the rupee is held artificially high, it gets exposed to speculative attacks, even though capital controls can shield it to an extent. A fairly valued rupee would also enable Indian exporters to stay competitive. Under a new governor, the Reserve Bank of India may have reduced dollar sales in …

Mint Primer: Is the rupee on course for a bottomless fall?
1 month, 3 weeks ago

Mint Primer: Is the rupee on course for a bottomless fall?

Live Mint  

The days of stability in the currency market seem to be over as the rupee keeps racing to new bottoms against the dollar. On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to impose 25% tariffs on Canada and Mexico. Rather a strong US economy and anticipation of higher inflation and eventually …

Rupee declines to 87.58, marking worst performance among Asian currencies in 2025
1 month, 3 weeks ago

Rupee declines to 87.58, marking worst performance among Asian currencies in 2025

Hindustan Times  

The Indian rupee declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day before a crucial monetary policy decision. A day before a significant monetary policy decision, the Indian rupee fell to its lowest level ever on Thursday as a slide in its Asian counterparts exacerbated …

Rupee plunges 14 paise to close at record low of 87.57 against U.S. dollar
1 month, 3 weeks ago

Rupee plunges 14 paise to close at record low of 87.57 against U.S. dollar

The Hindu  

Rupee plunged 14 paise to close at an all-time low of 87.57 against the U.S. dollar on Thursday, as rising odds of a rate cut by the Reserve Bank of India in its monetary policy meeting on Friday pressurised the rupee. Forex traders said the Indian rupee plunged to fresh record lows amid weak domestic markets and importer demand for …

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