Indian rupee weakens to record low, hurt by persistent outflows ...
2 天之前 · Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. ... Reuters, the news and media division of Thomson Reuters, is the world ...
Indian rupee weakens to record low, hurt by persistent outflows
The rupee hit a low of 84.4975 in early trading, eclipsing its previous all-time low of 84.4925 hit on Thursday. Likely intervention by the Reserve Bank of India helped limit the rupee's losses ...
Indian rupee hits fresh low amid US dollar rally and ongoing FPI
2 天之前 · The Indian rupee fell to 84.50 against the US dollar due to rising dollar strength, FPI selling, and geopolitical tensions. The dollar index surged 3.10% this month, while FPIs withdrew nearly ...
Exclusive: Indian cenbank asks lenders to cut speculative bets …
2 天之前 · The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at ...
Rupee hits record low hurt by weak local equities, buoyant dollar
2 天之前 · The Indian rupee weakened to its all-time low on Thursday, pressured by likely foreign outflows from local stocks and renewed strength in the dollar as investors tempered hopes of aggressive rate ...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
Rupee: Find latest Indian Rupee News on The Economic Times. Check why Rupee is falling or growing against Dollar, Rupee vs Dollar rate today.
Indian cenbank asks lenders to cut speculative bets against rupee ...
2 天之前 · The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at a record low, four bankers directly familiar with the development told Reuters. The rupee weakened to a record low of 84.5075 per U.S. dollar earlier in the day, pressured by portfolio outflows and a ...
Forex reserves record biggest weekly drop as RBI moves to support Rupee
2 天之前 · At $17.8 billion, the reserves fell the most in the week ended November 15, eclipsing the $15 billion retreat in the week of October 24, 2008, when the subprime sinkhole had swallowed global financial assets - and emerging market currencies - in the immediate aftermath of the Lehman Brothers mothballing. This time, too, the rupee declined 79 paise per dollar, or 1%, since the reserves hit a ...
Rupee falls 8 paise to hit fresh low of 84.50 against US dollar
3 天之前 · News; Business; Rupee falls 8 paise to hit fresh low of 84.50 against US dollar; Rupee falls 8 paise to hit fresh low of 84.50 against US dollar The US dollar strengthened due to safe-haven appeal amid escalating tension between Russia and Ukraine, while the continuous outflow of foreign funds also put pressure on the domestic unit
Rupee rises 6 paise to close at 84.44 against US ... - The Indian …
2 天之前 · At the interbank foreign exchange, the rupee opened at 84.48 and touched an intraday low of 84.50 against the greenback. The unit ended the session at 84.44 (provisional) against the dollar, registering a rise of 6 paise over its previous close. On Thursday, the rupee depreciated 8 paise to settle at an all-time low of 84.50 against the US dollar.