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Rupee hits record low, RBI intervention counters bearish tilt
The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the U.S. dollar in the non-deliverable forwards (NDF) market, while the central bank's intervention helped prevent sharp losses.
Rupee hits all-time low; RBI intervenes to curb further losses
Rupee tumbled to an all-time low of 84.88 against the US dollar, driven by heightened demand and market uncertainty, though RBI interventions helped prevent sharper declines in the currency.
Rupee slips to record low but central bank steps in to curb losses
The Indian rupee hit a new low against the US dollar. Demand from importers and the NDF market pushed the rupee down. The Reserve Bank of India intervened to curb further losses. Asian currencies traded mixed.
Rupee declines to lifetime low, RBI intervention caps losses
The Indian rupee slipped to its all-time low on Thursday, pressured by dollar bids in the non-deliverable forwards (NDF) market and from importers while dollar-selling intervention by the central bank kept a lid on its losses,
53m
Rupee plunges to record intraday, closing lows
"Demand from local importers continued to keep the rupee under pressure. There were some inflows, but they were all absorbed ...
12h
Rupee depreciates 1.40% so far in 2024, likely to head to 85 against US dollar
According to the Bloomberg data, in comparison to Japanese Yen and South Korea’s Won, Indian rupee seems to have held up well ...
14h
Mint Primer | Rupee takes a dive, more turbulence in 2025
After a particularly calm year in 2023, the rupee hit several lows against a roaring US dollar in 2024, even while it ...
11h
Why Indian IT players will not benefit much from a depreciating rupee this year
Indian IT services industry sees limited benefits from weakening rupee due to changing geographic mix and pricing dynamics.
3d
Rupee ends marginally lower, near-term bearish bias tipped to persist
The Indian rupee closed slightly weaker on Monday, weighed down by a decline in its Asian peers with analysts expecting the ...
13h
Rupee Posts Losses 3rd Successive Day Against US Dollar, Other Currencies
The Pakistani rupee (PKR) lost further ground 3rd day in a row against the US Dollar (USD) today after opening trade at 278 ...
ThePrint
9h
Rupee hits fresh all-time low, settles 5 paise lower at 83.88 against dollar
The rupee depreciated by 5 paise to settle at an all-time low of 84.88 against the US dollar on Thursday, dragged down by negative domestic equity markets, outflow of foreign funds and rise in crude ...
22h
on MSN
Rupee to hover near record low as dollar shrugs heightened Fed rate cut odds
The Indian rupee is likely to open marginally lower and hover close to its all-time low on Thursday, after U.S. inflation ...
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