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Photo used for representation purpose only. | Photo Credit: Reuters The rupee’s slide show went on for the second straight session on Monday (January 13, 2025) as it crashed 32 paise to hit a new lifetime low of 86.36 against the U.S. dollar, dragged down by a robust American currency amid volatile global cues. A…
Photo used for illustration purpose only | Photo Credit: Reuters The rupee recovered slightly from its record low and settled with a gain of 4 paise at 85.87 (provisional) against the U.S. dollar on Thursday (January 9, 2025) amid firm American currency and elevated level of crude oil prices. According to forex analysts, relentless selling…
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Photo used for representation purpose only. | Photo Credit: Reuters The rupee slipped 1 paisa to its record low of 85.92 against the U.S. dollar in early trade on Thursday (January 9, 2025), the third straight session of downfall, weighed down by a stronger American currency and higher crude oil prices. Forex traders said the…
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Image for representative purposes only | Photo Credit: Reuters The rupee dropped 9 paise to 85.61 against the U.S. dollar in early trade on Tuesday (December 31, 2024), weighed down by significant strengthening of the American currency in the overseas market and a muted trend in domestic equities. Forex traders said the rupee has been…
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At the interbank foreign exchange, the rupee opened weak at 85.31 and slipped further to hit its lifetime low of 85.35 against the greenback, registering a loss of 8 paise from its previous closing level. Representational image | Photo Credit: Reuters The rupee slid for the fourth straight session, depreciating 8 paise to hit a…
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The Rupee’s earlier sharpest one-day fall of 68 paise was recorded on February 2, 2023. File | Photo Credit: Reuters 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…
Read More “Rupee falls 23 paise to hit fresh record low of 85.50 against U.S. dollar” »
At the interbank foreign exchange, the rupee opened at 85.10 and slid further to hit a fresh all-time low of 85.16 against the greenback, registering a loss of 5 paise from its previous closing level. Representational image | Photo Credit: Reuters The rupee fell 5 paise to hit a new all-time low of 85.16 against…
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The RBI likely stepped in to support the rupee, with traders pointing to dollar sales by state-run banks. Representational image | Photo Credit: Reuters The Indian rupee weakened to a record low on Tuesday (December 10, 2024), pressured by heightened expectations of domestic rate cuts next year after the government named career civil servant Sanjay…
Read More “Indian rupee hits record low as appointment of new RBI chief spurs dovish bets” »
Image for representational purposes only | Photo Credit: Reuters The rupee slumped to its all-time low of 84.76 (provisional) against the U.S. dollar after dropping 8 paise on Wednesday (December 4, 2024) amid a strengthening greenback and increase in crude prices. Forex traders said a positive trend in domestic equity markets and foreign fund inflows…
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Image for representative purposes only | Photo Credit: Reuters The rupee recovered from its all-time low level and settled with a gain of 6 paise at 84.40 (provisional) against the U.S. dollar on Monday (November 18, 2024), backed by a retreating American currency. Forex traders said, the recovery in the local unit was capped by…
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