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India, Rupee and Dollar
Rupee Falls Past 86 to New Record on Dollar Rally, Oil Surge
India’s rupee fell past a key psychological level of 86 per dollar after strong US jobs data damped bets on further Federal Reserve interest-rate cuts and as a surge in oil prices weighed on sentiment for the net oil-importing nation.
Indian Rupee plunges to ₹86.50: Factors behind INR's sharp fall against the US Dollar
On Monday, the Indian rupee recorded its sharpest single-day fall in two years, closing at ₹86.50 and hitting an intraday low of ₹86.58 against the US dollar. The rupee's drop was notably larger than the declines experienced by other Asian currencies,
Indian Rupee Likely to Fall ‘Briskly’ Against Dollar in Near Term
Indian rupee was likely to fall “briskly” against the dollar in the near term, ANZ Research’s economists said.
Rupee hits record low as broad dollar strength hurts Asian currencies
The Indian rupee weakened to its lifetime low on Thursday as the dollar strengthened on the back of expectations of slower-than-anticipated rate cuts by the Federal Reserve as well as uncertainty about the incoming U.
12h
on MSN
Rupee set for worst day in two years on dollar's surge, limited central bank presence
The Indian rupee slumped to a fresh all time-low and is set to post its worst single-day decline in over two years on Monday, ...
13h
India’s Central Bank Said to Ease Rupee Drought With FX Swaps
India’s central bank is using dollar-rupee swaps to ease a liquidity squeeze in the country’s financial system, according to ...
Press Trust of India on MSN
45m
Rupee among world's most stable currencies: BJP hits out at Cong's claims
The BJP on Monday said the rupee is among the "most stable" currencies in the world and slammed the Congress for painting a ...
18h
India rupee declines past 86/USD on resilient US economy, weak inflows
The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that ...
7h
Rupee depreciation may exacerbate market sell-off if downtrend continues
On Monday, the rupee was trading at 86.58 against the dollar, a fresh low amidst a rising dollar and outflows from Indian ...
The Financial Express
41m
Rupee fall casts shadow over rate cuts
Although the apex bank changed its monetary policy stance to ‘neutral’ from ‘withdrawal of accommodation’ in October, it has kept the repo rate unchanged at 6.5% since February 2023 due to high ...
ThePrint
5h
“Rupee today stands among most stable currencies in world,” says BJP’s Amit Malviya
Bharatiya Janata Party leader Amit Malviya praised the ‘resilience’ of the Indian rupee, crediting improved economic ...
7h
on MSN
Rupee plunges to historic low of 86.62 against US dollar
Mumbai: The rupee logged its steepest single-day fall in nearly two years and ended the session 58 paise down at its historic ...
The Financial Express
1h
Rupee impact: Overseas study and travel to become costlier
For instance, if a US university charges $40,000 per year, the cost in rupees used to be Rs 32 lakh when the exchange rate ...
3d
India's FX reserves slump to 10-month low as rupee pressure mounts
India's foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3, data ...
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India
United States
dollar
paise
Sanjay Malhotra
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