However, a number of currencies including the Indian rupee, Singapore’s dollar, Thailand’s baht, and Mexico’s peso slumped in the aftermath of Trump’s win. But why is this the case? A trader reacts at ...
2) Rupee’s record low The Indian rupee hit an all-time low amid expectations that Trump’s policies might further strengthen the U.S. dollar. A robust dollar often prompts capital outflows from ...
Pakistan's foreign exchange reserves, held by the State Bank of Pakistan (SBP), rose $18 million to $11.17 billion in the ...
Trumponomics could mean higher inflation, a weaker rupee and greater outflows from India. This given that US president-elect Donald Trump has promised cuts in corporate tax rates, high tariffs—60 ...
Sustained selling from foreign institutional investors (FIIs) in cash and derivatives markets made the market choppier. Both ...
Analysts also expect the Indian currency to weaken as the dollar becomes stronger. “The rupee to depreciate further towards a ...
The rupee recovered from its all-time low level and witnessed a range-bound trade against the U.S. dollar in early hours on Thursday, as investors remained cautious ahead of the U.S. Fed meeting ...
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 ...
Despite a 26-paise fall, the Indian rupee remains the strongest among emerging Asian currencies, depreciating only 0.65% ...
The Indian rupee declined 6 paise to close at a fresh lifetime low of 84.37 (provisional) against the US dollar on Thursday, as weak domestic equities and sustained foreign fund outflows dented market ...
The Indian rupee fell to its weakest level on record on Thursday, hurt by outflows from local equities and on expectations ...
The Pakistani rupee (PKR) posted losses 4th day in a row against the US Dollar (USD) today after opening trade at 278 in the interbank market. It was ...