Rupee hits record low as Indian equities slide, bearish tilt persists ...
1 day ago · The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger dollar and tepid capital ...
Rupee Hits Fresh Record Low Of 85.82 Against US Dollar; Check
1 day ago · At the interbank foreign exchange, the rupee opened at 85.77 and then slipped further to its previous session’s closing level of 85.82 against the American currency. On Friday, the rupee depreciated 4 paise to close at 85.79 against the dollar. On December 27, the local currency touched its lifetime intra-day low of 85.80 against the greenback.
Rupee hits record low of 85.84 vs $ - Times of India
11 hours ago · The rupee hit a lifetime low of 85.84 against the dollar, closing at 85.83, despite RBI intervention. The drop was influenced by a strong dollar, poor capital flows, and weak equity markets ...
Rupee falls 4 paise to close at new record low of 85.83 against U.S ...
23 hours ago · The rupee declined 4 paise to settle at a fresh record low of 85.83 (provisional) against the U.S. dollar on Monday (January 6, 2025), amid a steep fall in domestic equity markets and unabated ...
Rupee hits record low as Indian equities slide, bearish tilt persists
1 day ago · The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger dollar and tepid capital flows following a slowdown in economic growth. The rupee weakened to 85.84 against the U.S. dollar, inching past its previous record low of 85.8075 hit in the last week of December.
How is RBI managing the rupee? - The Economic Times
1 day ago · The rupee depreciated 2.8% in 2024 due to a strengthening USD, high US bond yields, geopolitical tensions, and substantial FPI outflows. A weak rupee poses various economic challenges. Read on to know about the interventions made by the Reserve Bank of India and the impact of a falling rupee.
RBI seen loosening stranglehold on rupee in 2025
Dec 30, 2024 · Last Friday, the rupee dropped to an all-time low of 85.8075 against the U.S. dollar and traded in a 50-paisa range, the widest this year. Considering the "flagging" overvaluation, there is likely to be further rupee depreciation, said Kanika Pasricha, chief economic advisor at Union Bank of India. MULTIPLE HEADWINDS
Wider trade deficit, tepid capital flows push rupee to all-time low
Dec 26, 2024 · The Indian rupee hit a lifetime low for the seventh straight session on Thursday, adding to its losses in the current quarter on the back of a combination of a wider trade deficit and anaemic ...
Indian rupee drops to lifetime low on outflow worries | Reuters
MUMBAI, Aug 5 (Reuters) - The Indian rupee fell to an all-time low at the open on Monday, on worries that the risk off prompted by U.S. recession worries could lead to foreign outflows.
No respite likely for India rupee, bonds to track US peers - MSN
The rupee fell 0.3% last week to 85.77 against the U.S. dollar, not far off from its all-time low of 85.8075 hit in late December. The currency has slipped for nine consecutive weeks.