Rupee slips to record low but avoids sharp losses on cenbank ...
6 hours ago — The Indian rupee slipped to an all-time low on Monday, pressured by weakness in regional currencies and sustained outflows from local equities but central bank intervention helped avoid sharp ...
Rupee slips to record low as Asia FX declines; cenbank likely steps in
12 hours ago — MUMBAI, Nov 11 (Reuters) - The Indian rupee weakened to its lowest level on record on Monday, as worries about Donald Trump's victory in the U.S. election maintained pressure on Asian currencies ...
Rupee: Rupee slips to record low as Asia FX declines; RBI likely …
12 hours ago — The rupee dipped to a low of 84.3875 in early trading, eclipsing its previous all-time low of 84.38 hit on Friday. The currency quoted at 84.37 as of 09:40 a.m. IST. Asian currencies were mostly weaker between 0.1% to 0.4% while the dollar index was little changed at 105, hovering close to a four-month high hit last week in the wake of the ...
India Ready to Weaken Rupee in Line With Yuan After Trump Win
14 hours ago — November 10, 2024 at 5:30 PM PST. Translate. India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US ...
Rupee hits record low on US election updates, RBI likely steps in
5 days ago — The Indian rupee weakened to an all-time low on Wednesday as early results of the U.S. presidential election spurred a rally in the U.S. dollar, prompting the central bank to intervene.
A New Red Line for India’s Rupee Is Forming as Pressure Mounts
Aug 9, 2024 — A New Red Line for India’s Rupee Is Forming as Pressure Mounts. The rupee fell to a new all-time low of 83.9875 per dollar on Thursday, and is down 0.7% this quarter. India’s central bank ...
How India’s Rupee Went From Most to Least Volatile in Asia
Jun 26, 2024 — The Indian rupee has gone from being one of Asia’s most volatile currencies to among its most stable in the span of a decade. The turnaround reflects India’s growing economic heft and the ...
Indian rupee falls to an all-time low against U.S. dollar
4 hours ago — The Indian rupee (USD:INR) weakened to an all-time low against the U.S. Dollar (DXY) on Monday amid persistent outflows from local equities and weakness in regional currencies. The currency was at ...
RBI steps in to halt major movements in weakening Indian rupee …
6 days ago — The rupee continues to remain volatile, which is evident from the dip in India's forex reserves in the last four weeks. As per the RBI’s data, forex reserves dipped $3.463 billion during the ...
Rupee falls to all-time low of 84.38 against US dollar - Deccan …
11 hours ago — Mumbai: The rupee slipped 1 paisa to an all-time low of 84.38 against the US dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic...