Rupee crashes past 72: Currency mayhem signals a deeper problem; India must think long-term, find solutions within
6 years, 6 months ago

Rupee crashes past 72: Currency mayhem signals a deeper problem; India must think long-term, find solutions within

Firstpost  

Editor’s note: The Indian rupee has crashed past the 72-mark against US dollar and continues to be on a roller coaster ride. Does rupee at 72 rings alarm bells to the Indian economy or is there an opportunity in the currency crisis as Narendra Modi government claims? A recent International Monetary Fund analysis even suggested that a significant currency depreciation to the tune of at least 13 percent by the advanced economies or 20 percent by the emerging economies can drive export volumes up by 10 percent over five years. Second, as currency depreciation is not unique to India, the country’s domestic exports might not be as attractive in the global markets. Only then will periodic blips in currency become a non-issue.. Read Part 1 here: Rupee in free fall: A weaker currency may be a temporary setback, but can check Chinese imports https://www.firstpost.com/business/rupee-in-free-fall-a-weaker-currency-may-be-a-temporary-setback-but-can-check-chinese-imports-5137701.html

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History of this topic

De-dollarisation was natural, but Trump will accelerate it
2 days, 23 hours ago

De-dollarisation was natural, but Trump will accelerate it

Hindustan Times  

De-dollarisation is a natural process of stabilisation as the dollar’s presence in world markets — in foreign-exchange transactions, trade invoicing, SWIFT payments, international debt securities and cross-border loans — far exceeds the United States economy’s share of both global Gross Domestic Product and international trade. The Russian invasion of Ukraine and the sanctions imposed on Russia was a nodal point …

Rupee halts nine-day rally, settles at 85.75 vs US dollar as importers step in, Asian peers slip
1 week, 2 days 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 halts nine-day rally, settles at 85.75 vs US dollar as importers step in, Asian peers slip
1 week, 2 days 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
1 week, 2 days 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 up, bulls back: What's happening in India's markets?
1 week, 2 days ago

Rupee up, bulls back: What's happening in India's markets?

Firstpost  

Over the last seven trading sessions, the rupee has appreciated by 154 paise, placing it at the top of the performance chart among Asian currencies for the month. Meanwhile, benchmark stock indices have seen their longest winning streak since September 2024 Bulls have returned to D-Street and positive sentiment has helped the rupee pare downturns. With foreign inflows, positive domestic …

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, 6 days 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 …

Rupee to withstand recovery in dollar index, hold on to weekly advance
Trending News
1 week, 6 days 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 …

Rupee heads for best week in 2 years as dollar inflows rise
1 week, 6 days ago

Rupee heads for best week in 2 years as dollar inflows rise

India Today  

The rupee looks set for its best week in the past two years as it gained 0.3% on Friday, supported by strong dollar inflows. Rupee hit a record low of over 87 against the US dollar for the first time ever in early February this year as a reaction to US President Donald Trump’s tariffs. FOREIGN INFLOWS DRIVE RUPEE Currency …

Rupee hits 2-month peak as US dollar sales, seasonal inflows support currency
2 weeks ago

Rupee hits 2-month peak as US dollar sales, seasonal inflows support currency

Live Mint  

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. The recent inflows likely triggered the unwinding of 'structural' long …

Bears bail as inflows boost Indian rupee to near two-month high
2 weeks 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
2 weeks 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 touches three-week high aided by foreign banks’ dollar offers
2 weeks, 3 days ago

Rupee touches three-week high aided by foreign banks’ dollar offers

Live Mint  

By Jaspreet Kalra MUMBAI, March 17 - The Indian rupee strengthened on Monday, boosted by dollar sales from foreign banks and as the greenback lingered near a 5-month low against major peers on worries about a slowdown in the world's largest economy. Foreign banks were spotted offering dollars in early trading, which helped the rupee, a trader at a state-run …

Rupee Falls 41 Paise Against USD, Worst Single Day Drop in a Month
3 weeks, 2 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
3 weeks, 3 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 …

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging
Trending News
3 weeks, 3 days ago

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging

Live Mint  

By Jaspreet Kalra MUMBAI, March 10 - The Indian rupee is likely to open lower on Monday despite weakness in the U.S. dollar as concerns over global trade tensions continue to dampen risk appetite, while importers' hedging requirements may also weigh on the currency. U.S. President Donald Trump's tariff policies are also likely to stay in focus amid concerns about …

Govt wants rupee stability; RBI may again aggressively defend the currency
3 weeks, 3 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
4 weeks 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
4 weeks 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 …

Dollar vs rupee: How currency fluctuations impact Indian investments in US markets
4 weeks, 1 day ago

Dollar vs rupee: How currency fluctuations impact Indian investments in US markets

Firstpost  

Returns for Indian investors in US stocks are a combination of two factors: market performance and currency depreciation The Indian rupee’s steady decline against the US dollar has been a subject of concern for policymakers, businesses and consumers alike. Historically, the rupee has depreciated at an average rate of 3-4 per cent per year, effectively offering Indian investors an additional …

Rupee falls 8 paise to 87.40 against U.S. dollar in early trade
4 weeks, 2 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
1 month 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 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, 1 week 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, 1 week 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, 1 week 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, 1 week 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, 1 week 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 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 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, 2 weeks 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 …

Weak rupee could pave the way for a long-awaited IT recovery
1 month, 2 weeks 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, 2 weeks 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 16 paise to close at 86.87 against U.S. dollar
1 month, 2 weeks 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, 2 weeks 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 lesson: The impossible trinity is getting the better of us
1 month, 2 weeks ago

Rupee lesson: The impossible trinity is getting the better of us

Live Mint  

In Oscar Wilde’s The Importance of Being Earnest, Miss Prism tells her student, Cecily, “You will read your Political Economy in my absence. Rather, a ‘sensational’ fall of the rupee gave them a rare opportunity to see how an otherwise abstruse economic theory, the ‘Impossible Trinity,’ plays out in real life. According to it, an economy—or a central bank, to …

INR vs USD: Rupee rises for second day, hits two-week high on RBI intervention
1 month, 3 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 …

RBI’s aggressive dollar sales helps rupee recover
1 month, 3 weeks ago

RBI’s aggressive dollar sales helps rupee recover

Deccan Chronicle  

Mumbai: The Reserve Bank of India’s aggressive intervention in the forex market over the last two days helped the rupee record its steepest single-day recovery in nearly two years despite a rising dollar index. The central bank has been aggressively intervening in the foreign exchange market over last two days by selling dollars in the spot and the forward markets …

RBI intervenes to stop rupee’s fall to 88 to a dollar
1 month, 3 weeks ago

RBI intervenes to stop rupee’s fall to 88 to a dollar

Live Mint  

The rupee recovered from its all-time low on Monday after the Reserve Bank of India likely intervened by selling dollars in the wake of US President Donald Trump’s announcement of fresh tariff plans. According to traders, the rupee was supported by the central bank’s strong intervention since the start of trade. The rupee’s real effective exchange rate was at an …

Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade
1 month, 3 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, 3 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, 3 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, 3 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, 4 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 falls 14 paise to hit record low of 87.57 against U.S. dollar in early trade
1 month, 4 weeks ago

Rupee falls 14 paise to hit record low of 87.57 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 14 paise to hit record low of 87.57 against the U.S. dollar in early trade on Thursday weighed down by anticipation of an RBI rate cut and weak economic data. Forex traders said the Indian rupee opened on a weak note and made a fresh record low of 87.57 as market participants anticipated that the Reserve Bank …

Rupee falls 39 paise to close at all-time low of 87.46 against U.S. dollar
1 month, 4 weeks ago

Rupee falls 39 paise to close at all-time low of 87.46 against U.S. dollar

The Hindu  

The rupee plunged 39 paise to close at an all-time low of 87.46 against the U.S. dollar on Wednesday, as global trade war concerns fuelled risk aversion among investors. On Tuesday, the rupee recovered 4 paise from its all-time low level to close at 87.07 against U.S. dollar. Investors may remain cautious ahead of the Reserve Bank of India's monetary …

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver
1 month, 4 weeks ago

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver

ABP News  

The Indian rupee hit an all-time low on Wednesday, during afternoon trade amid a slump in Asian equities. The rupee dropped to 87.35 against the US dollar, surpassing its previous record low of 87.28 set on Monday, and was down nearly 0.3 per cent for the day. Asian equities pared their gains after Chinese stocks opened lower, as investor caution …

Rupee recovers 3 paise from all-time low to close at 87.08 against U.S. dollar
1 month, 4 weeks ago

Rupee recovers 3 paise from all-time low to close at 87.08 against U.S. dollar

The Hindu  

The rupee recovered 3 paise from its all-time low level to close at 87.08 against U.S. dollar on Tuesday, as the American currency index retreated from its elevated level after President Donald Trump agreed to pause tariffs on Mexico and Canada. Forex traders said the U.S. dollar index, which had surged past the 109.88 level, retreated to the 108 level …

Rupee recovers 13 paise from its all-time low against dollar
1 month, 4 weeks ago

Rupee recovers 13 paise from its all-time low against dollar

The Hindu  

The rupee recovered 13 paise from its all-time low closing level to 86.98 against the US dollar in early trade on Tuesday, after President Donald Trump agreed to pause tariffs on Mexico and Canada for 30 days. On Monday, the rupee plunged 49 paise to close at an all-time low of 87.11 against the US dollar. "The Indian rupee opened …

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