Tag: Rupee falls to all-time low

RBI likely selling dollars to support rupee, traders say

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RBI likely selling dollars to support rupee, traders say

The dollar index was up 0.2% at 109.9 while most Asian currencies weakened. Representational file image. | Photo Credit: Reuters The Reserve Bank of India (RBI) was likely selling dollars to support the rupee on Monday (January 12, 2025), after the currency slumped to its all-time low as the dollar surged on expectations that the…

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Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

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Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

Representational image. | Photo Credit: PTI The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday (December 19, 2024), as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. Forex traders said the US Federal Reserve has adjusted its projections for…

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