Rupee hits record low amid worries about US tariffs; RBI likely steps in
The Indian rupee slipped to an all-time low on Friday, as the threat of U.S. trade tariffs under President Donald Trump weighed on most Asian currencies, while the Reserve Bank of India likely stepped in to support the local unit,
Indian rupee hits all-time low against USD ahead of Budget
The Indian rupee has hit an all-time low, trading at 86.65 per dollar today. The fall exceeds its previous lowest value of 86.6475, recorded earlier this month. The depreciation follows the possible US trade tariffs announced by President Donald Trump, causing most Asian currencies to falter.
India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...
The rupee pared initial losses and settled for the day higher by 3 paise at 86.59 (provisional) against the US dollar, as the ...
In the first nine months of FY25, the rupee depreciated 2.9%, performing better than the Canadian dollar, South Korean won, ...
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...
The rupee pared initial losses and settled flat at 86.62 against the US dollar on Friday, as the support from positive domestic equities was negated by unabated foreign fund outflows and month-end ...
One of the primary factors behind the rupee depreciation during 2024 has been the broad-based strengthening of the USD amidst ...
The survey added that one of the primary factors behind Rupee's depreciation in 2024 has been the broad-based strengthening ...
MobiKwik announced on January 28 that it was the first fintech to go live with a full-scale production version of an e-rupee ...
Press Trust of India on MSN3h
Indian Rupee Performed Better Than Currencies Of Canada, Korea, Brazil: Economic SurveyThe Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than ...
The Indian rupee weakened on Wednesday on the back of strong dollar bids related to importers' month-end payments, while a ...
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