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Rupee ends at record closing low for Third straight session
Rupee ends at record closing low for 3rd straight session as dollar firms
The Indian rupee settled at a record closing low for a third consecutive session on Thursday, pressured by a firm dollar and importers' month-end dollar demand. The rupee ended at 85.2625 to the dollar,
Rupee plunges to record low of 85.74 against US dollar
The rupee hit a fresh record low on Friday, depreciating by 0.6 per cent to close at 85.7437 per US dollar. This marks its steepest single-day fall since February 2023, as per Bloomberg data. The local currency has extended its losing streak for the ninth consecutive session,
Rupee stays weak for 3rd straight session, falls 12 paise to hit new all-time low of 85.27 against US dollar
The Indian rupee stayed weak for the third consecutive session, plunging by 12 paise to close at an unprecedented low of 85.27 (provisional) against the US dollar on Thursday. Mounting pressure from a robust American currency and escalating crude oil prices further battered the currency’s performance.
Scant relief for rupee amid firm dollar, high US yields
The Indian rupee is likely to hold near its all-time lows on Thursday, amid a dollar that remains well supported by expectations that the Federal Reserve will cut rates at a measured pace next year.
4h
on MSN
Rupee hits record low, pressured by strong NDF dollar bids; RBI likely steps in
The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable ...
Fortune India
6m
Rupee hits record low in biggest single-day fall since Feb 2023
India’s import bill is expected to increase by about $15 billion due to INR depreciation impact, says Global Trade Research ...
cnbctv18
40m
Explained | Why rupee is in a free fall against the US Dollar
Several factors are driving this decline. Firstly, the US Dollar has strengthened, supported by expectations around the ...
52m
Rupee sinks 53 paise to hit new all-time low of 85.80 in mid session
Mumbai, Dec 27 (PTI) The rupee recorded its steepest single-day fall in past six months, sinking 53 paise to hit a new ...
The Financial Express
2h
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.
cnbctv18
2h
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 ...
5h
Rupee to remain burdened by dollar outlook, importer demand
Indian rupee weakens further against US dollar due to strong dollar outlook and increased demand from importers.
1d
Wider trade deficit, tepid capital flows push rupee to all-time low
The Indian rupee hit a lifetime low for the seventh straight session on Thursday, adding to its losses in the current quarter ...
1h
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.
15h
on MSN
From Rupee devaluation to Mutual Funds: How Manmohan Singh opened India’s doors to the world
Faced with a dire financial crisis in 1991, Manmohan Singh, then Finance Minister, introduced the New Economic Policy under ...
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