The spectre of imported inflation through the falling rupee is a challenge before the Monetary Policy Committee of the Reserve Bank of India even as several analysts are banking on a rate cut in ...
Meanwhile, the Pakistani rupee remained relatively steady against the US dollar on Tuesday, registering a minor depreciation of 0.01% in the interbank market. By the close of the trading day ...
The rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59 against the US dollar during mid-session on Monday due to strengthening of the American ...
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The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar, touching an all-time low of 85.81. The currency depreciated about 3% in 2024 ...
The rupee depreciated 2.8% in 2024 due to a strengthening USD, high US bond yields, geopolitical tensions, and substantial FPI outflows. A weak rupee poses various economic challenges. Read on to know ...
THE WEEK, in an earlier analysis, had predicted that the depreciation of the rupee would continue in the near term and may even reach the mark of 85 in the near future, but it has fallen even further ...
The Rupee depreciated four paise to close at a record low of 85.79 (provisional) against the U.S. dollar on Friday (January 3, 2025), as strong dollar demand from importers and a muted trend in ...
MUMBAI, Jan 3 (Reuters) - The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and logged a ninth straight week of losses due to the relentless ...
The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter. The 1-month ...
MUMBAI, Jan 3 (Reuters) - The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter.