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Rupee hits record low on strong NDF dollar bids
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable forwards (NDF) market, while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses.
Rupee plunges to record low of 85.74 against US dollar
The rupee hit a fresh record low on Friday, depreciating by 0.6 per cent to close at 85.7437 per US dollar. This marks its steepest single-day fall since February 2023, as per Bloomberg data. The local currency has extended its losing streak for the ninth consecutive session,
Rupee hits record low against US Dollar, weakens past 85.50 mark
With the fall, the INR has broken below the psychologically key level of 85.50 for the first time, weakening for a ninth day in a row.
Rupee remains under pressure, hits record low of 85.28 vs $
The rupee continues to weaken against the dollar, hitting a record low of 85.26 due to elevated dollar index levels and cautious foreign institutional investors. The currency struggles with recovery amid global economic uncertainties and domestic macroeconomic challenges,
ThePrint
45m
Rupee sinks 53 paise to hit new all-time low of 85.80 in mid session
The rupee recorded its steepest single-day fall in past six months, sinking 53 paise to hit a new all-time intraday low of 85.80 against the US dollar during mid session on Friday as the unabated rise ...
15h
on MSN
From Rupee devaluation to Mutual Funds: How Manmohan Singh opened India’s doors to the world
Faced with a dire financial crisis in 1991, Manmohan Singh, then Finance Minister, introduced the New Economic Policy under ...
4d
on MSN
India rupee seen under pressure, bonds to track US peers
The Indian rupee may remain pressured this week by a broadly stronger U.S. dollar after the Federal Reserve forecast fewer ...
The Financial Express
2h
Rupee touches record low in 2024, but volatility stays low, says CareEdge Ratings
Rupee hits record low against dollar in 2024; explore how RBI interventions and stable oil prices maintain low volatility.
cnbctv18
16h
Top Stories | Rupee sinks to new low, RBI upbeat on banks’ health, Tata chairman’s New Year vow and more
TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial ...
5h
The Legacy Of Manmohan Singh: Economic Reforms That Defined Modern India
Explore the transformative economic reforms initiated by Manmohan Singh in 1991 that reshaped Indias global standing and ...
10d
India cenbank likely steps in as trade deficit woes push rupee to record low
The Reserve Bank of India (RBI) likely intervened to support the rupee after the currency slipped to an all-time low on ...
8d
India’s Record Gold Import Likely Due to Calculation Error
A surge in gold imports that widened India’s trade deficit to a record last month and pushed the rupee to an all-time low was ...
news24online
1h
Indian Rupee Dropped To Lowest Value Ever – How Much Is It Worth Now?
The Indian Rupee dropped to its lowest value ever, 85.73, compared to the US Dollar on Friday, December 27. Check other ...
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