The Indian rupee fell to its weakest level on record on Thursday, hurt by outflows from local equities and on expectations ...
The rupee slipped 1 paisa to close at a fresh lifetime low of 84.32 against the US dollar on Thursday, as weak domestic equities and sustained foreign fund outflows dented market sentiment. Forex ...
Rupee hits record low against dollar due to weak equities, FII outflows, but dollar index correction offers some relief.
The period of low volatility that the Indian rupee has enjoyed may not last now that Donald Trump is poised to become U.S.
Despite a 26-paise fall, the Indian rupee remains the strongest among emerging Asian currencies, depreciating only 0.65% ...
A rise in global risk aversion would mean that the rupee may see further pressure after touching fresh record lows on ...
RBI interventions keep USD/INR pair stable, while focus remains on U.S. Fed policy and officials' comments for momentum.
In relative terms, however, the rupee's 0.2% decline through the day was modest in comparison with competing Asian monetary units where the US holds a disproportionate share in their respective ...
At the interbank foreign exchange, the rupee opened at 84.26 against the greenback, registering a rise of 5 paise over its previous close.
Financial markets are now pricing in nearly a 98% possibility of a quarter point reduction and near 70% odds of a ...
Trump’s policies on trade have tended to strengthen the US dollar in the past. This leads to weakness in the Indian rupee. It also means that capital will flow to areas with a strong currency. This ...
The rupee suffered its largest decline in over four months, dropping 17 paise, or 0.2%, to close at 84.28 against the US dollar following Trump’s victory. Despite hitting a record low, the rupee ...