Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
The Indian rupee fell to a new record low on Monday against the US dollar as uncertainty continues to surround a India-US trade deal and persistent foreign fund outflows. The rupee is heading towards its sharpest yearly fall since 2022. (AFP) The rupee fell to 90.72 against the US dollar in intraday trade, after opening […]
The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US trade deal while likely portfolio outflows added to the pressure. The rupee weakened to 90.5175 against the US dollar, slipping past its previous all-time low of 90.4675 hit on December […]
The Indian Rupee fell past 90 per US dollar for the first time on Wednesday, as traders bet that the lack of a India-US trade deal and exodus of foreign monies from the stock market will keep Asia’s worst performing currency under pressure without central bank intervention. The rupee has fallen 5.3% against the US […]
The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark on Wednesday, extending its rough patch as the weakness in trade and portfolio flows alongside worries over a missing trade deal with Washington kept the currency under pressure. FILE PHOTO: A customer holds hundred rupees Indian currency notes near a roadside currency […]
Hedging against the Indian Rupee’s weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns about further depreciation and expectations that the central bank may allow more exchange-rate adjustment. A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters […]
The Indian rupee dropped to a lifetime low on Monday, with unfavourable trade and portfolio flows and the lack of a U.S.-India trade deal overshadowing the boost from stellar growth. The rupee declined to 89.59 against the U.S. dollar, dipping past its previous record low of 89.49 hit about two weeks ago. (Bloomberg) The rupee […]
The Indian Rupee strengthened 0.4% against the US Dollar on Monday as the Reserve Bank of India intervened to prop up the local currency. The INR-USD exchange rate stood at 89.15 as against 89.48 in the previous close. The rupee has declined 4.5% versus the US dollar over the year so far and is among […]
The Indian Rupee (INR) has barely budged against the US Dollar (USD) over the past three weeks, prompting some traders to speculate that the Reserve Bank of India is once again tightening its grip on the currency. The RBI is keeping a close watch of the rupee’s movements and would take “appropriate steps” as warranted, […]
