Indian central bank likely selling dollars to support rupee, traders say
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
Indiatimes27d
Rupee breaches 85/$ for 1st time on Fed's comment of fewer rate cuts in future
The Indian rupee fell to a record low against the US dollar, crossing the 85 mark for the first time. This drop was influenced by the US Federal Reserve's indication of fewer-than-expected future ...
Mint2d
India bond yields to track rupee’s moves for direction
"With not much change overnight in Treasury yields, the directional trigger will come from moves in the rupee as it has been ... rupees ($2.07 billion) via sale of bonds ($1 = 86.5990 Indian ...
Indiatimes7d
7 countries where the Indian Rupee is stronger
For Indian travelers, there are several countries where the Indian Rupee (INR) is stronger than the local currency, offering greater purchasing power. Let's check out some of these countries where ...
Rupee hits record low; state-run, foreign banks' dollar sales cap fall
The Indian rupee weakened to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in the non-deliverable forwards (NDF) market, while likely intervention by the ...
The Financial Express2d
Rupee crash to burden your pocket; TVs, refrigerators, ACs to get dearer by 5%
Prices of TVs, washing machines, air conditioners and refrigerators may go up by at least 5% as the rupee continues to depreciate. This is because companies import at least 30-40% of key parts ...
VCCircle16d
Rupee falls for seventh year in a row, ends 2024 at record closing low
The Indian rupee fell for a seventh straight year in 2024, largely due to headwinds in the last quarter, including Donald Trump's U.S. election victory-spurred surge in the dollar, while locally, ...
Mint20d
Rupee ends at record closing low for 3rd straight session as dollar firms
MUMBAI, Dec 26 (Reuters) - The Indian rupee settled at a record closing low for a third consecutive session on Thursday, pressured by a firm dollar and importers' month-end dollar demand.
The Financial Express21d
Rupee fall: Gains for domestic carmakers; margin pressure for luxury players
The depreciation of the rupee against the dollar comes as a mixed bag for the automotive sector, benefiting export-driven domestic manufacturers while adversely affecting luxury carmakers reliant ...
Business Recorder9d
Rupee registers marginal decline against US dollar
The Pakistani rupee recorded a marginal decline against the US dollar, depreciating 0.02% in the inter-bank market on Tuesday. At close, the currency settled at 278.67 for a loss of Re0.05 against ...
Business Line28d
Rupee hits new all-time low, slips past 85 per US Dollar
India’s Rupee on Thursday slipped past 85 per US dollar level, hitting a new all-time low, primarily led by a hawkish outlook from the US Fed, higher outflows from domestic equity markets and ...