Wider trade deficit, tepid capital flows push rupee to all-time low
2 days ago · The rupee dropped to an all-time low of 85.2525 per U.S dollar, tracking a decline in most of its Asian peers. It has lost 1.74% since the beginning of October and is headed for its worst ...
Rupee slumps to record low, logs worst day in nearly 7 months as dollar …
1 day ago · The Indian rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.
Rupee Hits Fresh All-Time Low Of 85.80: Why Is Indian Currency
1 day ago · Sliding for the fourth straight session, the rupee on Friday hit its fresh all-time low of 85.80 per US dollar amid continued dollar strengthening and capital outflows from India. The domestic currency on Friday fell by a significant 53 paise to 85.80 to a dollar during the day before recovering and closing the day finally lower by 25 paise to ...
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
1 day ago · The rupee declined to 85.3950 to the dollar, eclipsing its previous all-time low of 85.2825 hit on Thursday. The currency was last quoted at 85.39 as of 09:40 a.m. IST. ... Reuters, the news and ...
Indian Rupee Posts Steepest Single-Day Loss Since February 2023
1 day ago · The rupee dropped 0.6% to a fresh record low of 85.7437 per dollar on Friday, marking its largest single-day loss since February 2023. Concern over the nation’s trade deficit and slower economic ...
Rupee Hits Fresh All-Time Low Of 85.24, Falls 9 Paise Against Dollar
2 days ago · The Indian rupee on Thursday declined by 9 paise to hit an all-time low of 85.24 against US dollar in the opening trade, amid higher US Treasury yields and a fall in most Asian peers. The 10-year US Treasury yield rose to the highest since late May on Tuesday. Surging crude oil prices also pushed the rupee down further, according to analysts.
Rupee falls 23 paise to hit fresh record low of 85.50 against U.S. dollar
1 day ago · Rupee falls 23 paise to hit fresh record low of 85.50 against U.S. dollar The unit finally ended the session at 85.50 (provisional) against the greenback, losing 23 paise from its previous closing ...
Indian Rupee Declines Most Since February 2023 - Bloomberg
1 day ago · The Indian rupee fell the most in almost two years as month-end dollar demand by importers weighed on the currency.
Rupee hits all-time low against US dollar. Why is it under pressure ...
Dec 20, 2024 · 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 logs steepest intraday decline in nearly two years
22 hours ago · News; Business; Market; Rupee logs steepest intraday decline in nearly two years; Rupee logs steepest intraday decline in nearly two years The currency made a sharp recovery to close at a record low of 85.54, down 28 paise compared to Thursday’s close of 85.27. It opened at 85.32 against the dollar on Friday.