Rupee Declines 3% In 2024, Expected To Rebound Gradually In 2025
3 hours ago · The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed In 2025, a number of global events are expected to influence the currency market trends. The rupee tumbled 3 per cent against the US dollar in 2024 as ...
Rupee Hits Fresh All-Time Low Of 85.80: Why Is Indian Currency
2 days ago · The rupee plunged 12 paise to its record low closing mark of 85.27 against the dollar on Thursday, after declining 13 paise in the previous two sessions. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.04 per cent at 107.93 amid soaring US Treasury yields with 10 ...
Wider trade deficit, tepid capital flows push rupee to all-time low
3 days ago · The Indian rupee hit a lifetime low for the seventh straight session on Thursday, adding to its losses in the current quarter on the back of a combination of a wider trade deficit and anaemic ...
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
2 days ago · The rupee declined to 85.3950 to the dollar, eclipsing its previous all-time low of 85.2825 hit on Thursday. The currency was last quoted at 85.39 as of 09:40 a.m. IST.
Rupee falls 23 paise to hit fresh record low of 85.50 against U.S ...
2 days ago · 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 ...
Indian Rupee Posts Steepest Single-Day Loss Since February 2023
2 days ago · The rupee dropped 0.6% to a fresh record low of 85.7437 per dollar on Friday, marking its largest single-day loss since February 2023. Concern over the nation’s trade deficit and slower economic ...
Indian Rupee Declines Most Since February 2023 - Bloomberg
2 days ago · Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of India's (RBI) monetary policy decision. Analysts predict potential easing measures like a CRR reduction, but a surprise rate cut could weaken the rupee further.
Rupee hits record low for sixth straight session as broad dollar ...
5 days ago · 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 ...
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
Dec 19, 2024 · Rupee Breaching 85 Has Traders Watch for RBI’s Line in Sand. Currency’s volatility may rise on stronger dollar after Fed; Analysts expect RBI will continue to intervene in forex market