The Indian rupee slipped to another fresh low of 84.50 against the US dollar in trade on November 22 as the greenback’s steady rise, persistent selling by foreign portfolio investors (FPIs), and ...
He observed that the Indian Rupee plunged to a record low, pressured by continuous foreign outflows and renewed strength in the dollar as investors lose hopes of aggressive rate cuts by the US ...
MUMBAI, Nov 18 (Reuters) - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations ...
The Indian rupee is expected to stay on the back foot on Friday, pressured by a rebound in the dollar amid uncertainty about the pace of rate cuts in the United States, while persistent portfolio ...
MUMBAI (Reuters) - The Indian rupee declined to its weakest level on record on Friday as a resurgent dollar and sustained portfolio outflows pressured the currency, while heightened geopolitical risks ...
The rupee, meanwhile, has weakened nearly 0.5% so far in November, although the Reserve Bank of India’s routine interventions, including on Friday, have limited the decline. Its Asian peers have ...
The Indian rupee plummeted to a new all-time low of 84.50 against the US dollar due to a massive sell-off in domestic equities, sustained foreign investment outflows, and surging crude oil prices.
MUMBAI, Nov 22 (Reuters) - The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the ...
MUMBAI: The rupee closed higher on Friday at 84.44, gaining six paise from Thursday's close of 84.50, though it closed marginally lower for the week. A rebound in the equity markets offered some ...
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On Thursday, the rupee depreciated 8 paise to settle at an all-time low of 84.50 against the US dollar. "The Indian rupee made a new low on Thursday after the Reserve Bank of India (RBI ...
Due to pressure from foreign banks and importers, especially domestic oil corporations, who demand dollars, the Indian rupee fell to its lowest point ever on Tuesday, according to dealers.