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 ...

The United Nations officially recognizes 180 currencies worldwide, used as legal tender in 195 countries. However, popularity and wide usage do not necessarily equate to the value or strength of a ...

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 RBI intervenes on both sides of the forex market to curb undue volatility in the rupee. The domestic currency weakened to its all-time low of 85.8075 last week, down nearly 0.3% during the period.

The rupee settled at 85.64 against the US dollar on Wednesday (January 1), unchanged from its previous close, marking its seventh consecutive session at record closing lows. Weighed down by dollar ...

The rupee was weighed down by dollar bids from foreign and state-run banks along with a decline in most Asian currencies, traders said. Likely intervention from the Reserve Bank of India (RBI) capped ...

The rupee weakened a shade to close at a record low of 85.6450 per US Dollar (USD) on Wednesday, the first day of trading in 2025, with importer demand for the greenback and USD’s strength ...

The rupee depreciated 13 paise to close at a fresh record low of 85.65 (provisional) against the U.S. dollar on Tuesday (December 31, 2024), ending the year with a sharp 3% loss on significant ...

Over the past five decades, equity and fixed-income markets have delivered decent returns despite the declining value of the rupee. For the past nine months or so we’ve been seeing headlines ...

The Indian rupee, which has been on a depreciating track for the last few weeks, is likely to remain under pressure in 2025 due to expectations of a strong dollar driven by the US Federal Reserve ...