Rupee hits record low for sixth straight session as broad dollar ...
4 天之前 · MUMBAI, Dec 24 (Reuters) - The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for ...
Rupee remains under pressure, hits record low of 85.28 vs
1 天前 · India Business News: The rupee continues to weaken against the dollar, hitting a record low of 85.26 due to elevated dollar index levels and cautious foreign institutional
Daily Briefing: Where the rupee stands | Live News - The Indian …
2 天之前 · Big Story. Is the rupee weakening or strengthening? Well, both. Let me explain. The rupee has been nosediving against the US dollar each day. However, its real effective exchange rate (REER) index is at an all-time high, per the latest Reserve Bank of India (RBI) data. For context: The REER is the value of the currency compared to a basket of other countries, …
Indian Rupee to remain in pressure amid weak manufacturing …
2 天之前 · The Indian rupee may face pressure in 2025 from slowing FDI, weak manufacturing exports, and narrowing policy rate differential with the US, despite positive drivers like India's economic growth, real yields, and strong foreign exchange reserves. A recovery in economic growth and lower inflation are also expected.
Top Stories | Rupee at new low, PM Modi meets economists
3 天之前 · In other news, India's telecom regulator, TRAI, promises to roll out new guidelines within a month to curb pesky calls. They’ve also said that telecom providers must offer at least one plan that only covers calls and texts, specifically for feature phones. ... Rupee hits fresh low, drops 9 paise to end at 85.20 against US dollar. The rupee ...
Rupee hits all-time low against US dollar. Why is it under pressure?
2024年12月20日 · The Indian rupee weakened to a record low of 85.10 against the US dollar on Friday, weighed down by persistent dollar strength following robust US economic data that reinforced the Federal Reserve's hawkish stance. The rupee surpassed its previous low of 85.0850 reached on Thursday and settled at 85.10 by 10:00 am.
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of India's (RBI) monetary policy decision. Analysts predict potential easing measures like a CRR reduction, but a surprise rate cut could weaken the rupee further.
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
2024年12月19日 · Rupee Breaching 85 Has Traders Watch for RBI’s Line in Sand. Currency’s volatility may rise on stronger dollar after Fed; Analysts expect RBI will continue to intervene in forex market
Rupee slips to record low but avoids sharp losses on cenbank ...
2024年11月11日 · The Indian rupee slipped to an all-time low on Monday, pressured by weakness in regional currencies and sustained outflows from local equities but central bank intervention helped avoid sharp ...
INR USD: New Red Line for Indian Rupee After Record Lows
2024年8月9日 · India’s central bank looks to have drawn a new line in the sand for the rupee at the 84-per-dollar level, according to analysts.