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 yields and the dip in most Asian peers. The rupee was quoting at 85.2400 to the U.
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 six straight session of decline for the currency. The fall is due to rising US bond yields and strong dollar demand from importers.
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 the greenback in initial deals, registering a loss of 10 paise against its previous closing level.
Why is the Indian rupee falling against the US dollar?
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If Indians demand more US dollar than Americans demand the Indian rupee, the exchang
Rupee hits fresh all-time low of 85.64 against US dollar
The rupee slipped to its record low of 85.64 against the US dollar on Friday, December 27. The Indian currency weakened to close at 85.27 against the greenback on Thursday.
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.
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 ...
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 ...
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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.
India's current account deficit remains flat, rupee under pressure
The widening deficit is putting additional pressure on the Indian rupee, which fell to a record low of 85.8150 against the US ...
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 ...
Indian Rupee Declines Most Since February 2023
The Indian rupee fell the most in almost two years as month-end dollar demand by importers weighed on the currency.
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 ...
Indian Rupee to remain in pressure amid weak manufacturing exports & policy rate differential with US- Report
The Indian rupee may face pressure in 2025 from slowing FDI, weak manufacturing exports, and narrowing policy rate ...