How is RBI managing the rupee? - The Economic Times
2 hours ago · The rupee depreciated 2.8% in 2024 due to a strengthening USD, high US bond yields, geopolitical tensions, and substantial FPI outflows. A weak rupee poses various economic challenges. Read on to know about the interventions made by the Reserve Bank of India and the impact of a falling rupee.
Rupee falls four paise to close at record low of 85.79 against U.S ...
2 days ago · Karnataka Today Your daily dose of news highlights from Karnataka. SEE ALL NEWSLETTERS. Technology. ... “USD-INR spot price is expected to trade in a range of 85.60-86.00,” Mr. Choudhary added.
Why is the rupee weakening against the dollar? | Explained
1 day ago · The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar, touching an all-time low of 85.81. The currency depreciated about 3% in 2024 ...
Rupee may dip to all-time low on Fed outlook-spurred dollar rally
3 days ago · The 1-month non-deliverable forward indicated that the rupee will open at 85.80-85.82 to the U.S. dollar, down from 85.7525 in the previous session and possibly past the all-time low of 85.8075 ...
India rupee hits record low, bond yields dip as change of guard at …
Dec 10, 2024 · The Indian rupee weakened to a record low on Tuesday, pressured by heightened expectations of domestic rate cuts next year after the government named career civil servant Sanjay Malhotra as the...
Rupee Volatility Surge Puts RBI’s Currency Strategy in Focus
6 days ago · A gauge of the Indian rupee’s volatility jumped to its highest level in over a year, as speculation grows that the nation’s central bank may be easing its tight grip on the currency amid a ...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and logged a ninth straight week of losses due to the relentless rise in the U.S. dollar.
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
Dec 20, 2024 · The rupee breaching 85 per dollar has traders speculating about the next line in the sand under the new central bank governor. The currency is expected to weaken further …
Indian rupee slips to record low amid weaker yuan, broad based …
Jul 22, 2024 · The Indian rupee weakened to an all-time low on Monday, pressured by a decline in most of its Asian peers and sustained dollar demand from local corporates and oil companies.
Rupee Hits Fresh All-Time Low Of 85.80: Why Is Indian Currency
Dec 27, 2024 · Follow us on Google News At the interbank foreign exchange, the rupee opened weak at 85.31 and slipped further to hit its lifetime low of 85.80 against the US dollar. Sliding for the fourth straight session, the rupee on Friday hit its fresh all-time low of 85.80 per US dollar amid continued dollar strengthening and capital outflows from India.