Gold prices and the Pakistani rupee both experienced a decline on Friday, a rare occurrence as the two typically move in opposite directions. While gold prices fell in line with international ...
The Rupee partially recovered from a fresh low of 85.81 against the greenback on December 27 to settle at 85.53, extending the fall for the ninth day in a row. This was the worst single-day ...
The Rupee fell steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected Central bank intervention helped recover some of its losses and settled 23 paise lower at a ...
The rupee hit a fresh low against the US Dollar, continuing a sharp intraday fall on Friday, December 27. Rupee posted its biggest single-day fall in two years, tumbling to a record low of 85.81 ...
The rupee fell to its fresh all-time low level on Friday on the back of dollar buying related to the expiry of the December currency futures contract and maturing NDF (non-deliverable forward) ...
The rupee is hitting fresh lows against the US dollar each day, yet its exchange rate has scaled an all-time-high in “real effective” terms. The real effective exchange rate (REER) index of the rupee ...
The rupee fell to a new low of 85.27 a dollar due to a rise in the dollar index, coupled with importers’ month-end demand for the American currency, according to dealers. The local currency had ...
The value of his savings, in rupee terms, went up following the July 1991 decision of the government to devalue the Indian currency.
The worst is not over for rupee as volatility makes a comeback to India’s foreign exchange markets, according to analysts and economists. Uncertainty is expected to heighten in 2025 as US ...
The Indian rupee hit a record low of 85.24 against the U.S. dollar on Thursday, weighed down by rising U.S. Treasury yields and a broader decline in Asian currencies. The rupee was quoting at 85.2400 ...
Significantly, foreign portfolio investors pulled out $10.9 billion in October. But the rupee fell only by 30 paise against the US dollar during the month to end at Rs 84.06. However, the US dollar ...
MUMBAI, Dec 24 (Reuters) - The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for ...