Rupee gains as dollar rally takes a breather amid tariff back and …
22 hours ago · The rupee was at 85.6750 against the U.S. dollar as of 10:10 a.m. IST, up from its close at 85.8275 in the previous session. The rupee fell to its all-time low of 85.84 on Monday.
Rupee settles 5 paise lower at 85.73 against U.S. dollar
16 hours ago · The rupee fell 5 paise to settle at 85.73 (provisional) against the U.S. dollar on Tuesday (January 7, 2025), as higher crude oil prices and outflow of foreign funds continued to weigh on the ...
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.
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 ...
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.
Rupee falls 4 paise to close at new record low of 85.83 against U.S ...
1 day 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 ...
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
Why is the rupee weakening against the dollar? | Explained
3 days ago · The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar, touching an all-time low of 85.81. The currency depreciated about 3% in 2024 ...
Indian central bank seen loosening stranglehold on rupee in 2025
Dec 30, 2024 · India's central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists said, with the currency at its strongest against peers in at least two...
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.