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dollar, India
Indian rupee pinned near record low, state-run banks' dollar sales cap weakness
The Indian rupee was hovering near its all-time low on Wednesday, wedged between weakness in local equities and dollar sales by state-run banks. The rupee was at 22.998 against the UAE dirham (84.4050 against the US dollar) as of 9.
Indian Rupee hits record low over Dollar rally, equity outflows
The Indian Rupee hit a historic low today, largely owing to the US Dollar's rally and expected outflows from domestic equities. The INR fell to an all-time low of 84.4125 against USD before settling at 84.3925, the same as its closing number in the previous session. This is the fifth straight session that the currency has hit record lows.
Indian cenbank likely selling dollars to support rupee amid Asian currencies' slide
The Indian central bank was likely selling dollars to support the rupee after the local currency hit its all-time low on Tuesday, pressured by a Chinese yuan-led decline in Asian currencies, four traders told Reuters.
Indian rupee falls to an all-time low against U.S. dollar
The Indian rupee (USD:INR) weakened to an all-time low against the U.S. Dollar (DXY) on Monday amid persistent outflows from local equities and weakness in regional currencies. The currency was at ₹84.
1d
Rupee slips to record closing low but fares better than Asian peers
The Indian rupee slipped to its weakest closing level on record on Thursday but fared better than its regional peers as state ...
9h
on MSN
Rupee declines 4 paise to close at 84.43 against US dollar
The Indian rupee weakened to 84.40 against the US dollar due to foreign fund outflows and strong dollar demand. Rising ...
Zawya
1d
Indian Rupee continues to slide, may touch INR220 against one Omani Rial
As of Tuesday afternoon, exchange houses in Oman valued a single Omani Rial at INR219.05, and officials suspect that the INR ...
2d
on MSN
Another day of all-time low for rupee as dollar, US rates extend rally
The Indian rupee is likely to dip to a lifetime low on Thursday in wake of the dollar and U.S. rates extending their post-U.S ...
12h
India’s current account deficit to remain manageable in FY25, Rupee to remain in pressure: Bank of Baroda
India’s current account deficit (CAD) will remain within a manageable range for both FY25 and FY26, largely due to muted oil prices that are expected to support the country’s external financial ...
Opinion
3d
Opinion
Unshackling the Indian Rupee
The exchange rate is the most important price in a market economy. If India wants to become a high-income economy, the ...
11d
USD/INR remains solid as Indian Rupee struggles due to foreign outflows, higher Oil prices
The Indian HSBC Manufacturing PMI came in at 57.5 in October vs. 56.5 prior, stronger than expected.
1d
on MSN
Rupee dips; cenbank heightens scrutiny on FX trades, bankers say
The Indian rupee was slightly weaker on Thursday, tracking a decline in Asian peers, as the dollar index climbed to its ...
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