Rupee slumps to record low, logs worst day in nearly 7 months as dollar bids spike
The Indian rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar ...
Top news on December 27: Rupee hits new low; tributes pour in for Manmohan Singh; hailstorm alert in Delhi, more
The Indian rupee hit a new low on December 27, falling 0.6% to 85.7437 per dollar. The Sensex and Nifty 50 gained, driven by ...
Indian rupee drops to all-time low against US dollar
The Indian rupee dropped to a lifetime low versus the U.S. dollar at open on Thursday, bogged down by higher U.S. Treasury ...
Rupee breaches 85.70 against US dollar, sees steepest single-day loss since February 2023
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading a tad higher at 108.1 ...
Rupee logs steepest intraday decline in nearly two years
The currency, however, made a sharp recovery to close at a record low of 85.54, down 28 paise compared to Thursday’s close of ...
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Indian rupee in freefall? Why it keeps hitting record lows
The Indian rupee has witnessed a record fall against the US dollar, hitting an all-time low of 85.21 on Tuesday. This is the ...
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Indian rupee falls 10 paise, hit record low of 85.25 against USD in early trade
At the interbank foreign exchange, the rupee opened weak at 85.23 and slipped further to hit a life-time low of 85.25 against ...
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RBI spent $44.5B to protect Indian rupee's value in October
The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
Indian central bank likely selling dollars to cap rupee depreciation, traders say
The Indian central bank was likely selling dollars to limit the rupee's losses after it hit a record low on Tuesday on higher ...