Rupee hits all-time low; here’s how it can hurt India’s economy
The weakness in the Indian rupee is expected to persist in the near term, with the possibility of breaching the 85 per dollar level.
Indian rupee likely to hit new lifetime low at open on Chinese yuan-led slide in Asia
MUMBAI: The Indian rupee will likely hit a fresh all-time low at the open on Tuesday, following the offshore Chinese yuan’s dip past a key level to the lowest in over a year. The 1-month non-deliverable forward indicated that the rupee would open at near 84.78 to the US dollar, dropping past the 84.7050 lifetime high hit on Monday.
USD/INR forecast: Here’s why the Indian rupee has crashed
What is the outlook of the USD/INR after plunging to a record high? We explain what to expect that the Indian rupee has plunged this year
Rupee hits all-time low of 84.6 vs USD on economic growth worries
The rupee INR fell to 84.6075 per U.S. dollar in early trading, weakening past its previous all-time low of 84.5075
Rupee drops to all-time low on India growth worries, dollar strength
The Indian rupee declined to a lifetime low on Tuesday, pressured by the U.S. dollar's rally against its major peers and on concerns over the Asian country's slowing growth rate. The rupee dipped to a record low of 84.
Rupee hits fresh record low of 84.70 on concerns over slowing growth, strong dollar
The local currency closed at 84.70 against the greenback, compared to the opening of 84.58 and the previous close of 84.49.
It will be hard for Indian Rupee to stay strong if Yuan depreciates under tariff pressure: Portfolio manager
Jae Lee from TCW Group says investors need to differentiate winners and losers in emerging markets amid on-going U.S.-China ...
Rupee drops to record low pressured by yuan slide, NDF dollar bids
The Indian rupee hit an all-time low on Tuesday weighed down by a broadly stronger dollar and a slump in the offshore Chinese ...
Rupee recovers all losses on banks' dollar sales for RBI, FPIs
Rupee recovers from Trump jitters after hitting record low of 84.77 per U.S. Dollar early on Tuesday, dealers say banks sold ...
Rupee Falls to New Record Low, Bonds Gain After Growth Slows
The Indian rupee declined to a new all-time low after data showed a sharp slowdown in the economic growth. Bonds extended ...
Indian cenbank likely intervenes to support rupee at record low, traders say
The Indian central bank was likely selling dollars on Monday to support the rupee, traders said, after the currency declined ...
USD/INR rises as Trump’s tariff threats to BRICS drag Indian Rupee to fresh record low
Persistent portfolio outflows and weak domestic macroeconomic data undermine the INR.
Rupee Weakens Against Dollar: Two Sectors Feeling The Heat, Top Expert Explains
Impact on Key Sectors and Market Outlook. On Monday, December 2, 2024, the Indian rupee fell to an all-time low of 84.70 against the US dollar, breaking its previous record of 84.5075. This sharp ...
Economic growth concerns, strong NDF dollar bids push rupee to record low
The Indian rupee declined to its weakest level on record on Monday, hurt by concerns about economic growth slowing to its ...