India rupee declines past 86/USD on resilient US economy, weak …
1 day ago · The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that compounded the pressure from weak inflows and higher hedging activity.
Rupee hits all-time low of 86/USD for first time. Will it decline ...
1 day ago · The Indian rupee plunged to an all-time low, breaching the 86 mark against the US dollar on Monday. ... Brad Bechtel, global head of foreign exchange at Jefferies, told news agency Reuters that the rupee's continued depreciation aligned with its …
Indian rupee hits fresh record low against US dollar, may drop to …
1 day ago · Stay up to date with the latest news. Follow KT on WhatsApp Channels. "India's Rupee slumped beyond 86 this morning as a global dollar advance fueled by rising treasury yields and a surge in oil ...
Rupee breaches 86 against US dollar on ... - The Indian Express
1 day ago · The rupee fell past 86 on Monday on a strong dollar after better-than-expected US jobs data led to an expectation that the Federal Reserve will go for lesser interest rate cuts in this year.. Higher crude oil prices and continued outflows from foreign investors also weighed on the domestic currency. Forex dealers said the Reserve Bank of India (RBI) has been allowing the rupee to depreciate ...
Rupee crashes 32 paise to hit record low of 86.36 against U.S.
1 day ago · Rupee sinks to record low, settles 58 paise down at 86.62 against U.S. dollar The fall of 58 paise, or 0.67%, in one session was the steepest since February 6, 2023 when the unit had lost 68 paise.
Rupee crashes 27 paise to hit record low of 86.31 ... - The Indian …
1 day ago · News; Business; Rupee crashes 27 paise to hit record low of 86.31 against US dollar in early trade; Rupee crashes 27 paise to hit record low of 86.31 against US dollar in early trade The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.22 per cent to its over two-year-high level of 109.72.
Rupee sinks to record low, settles 58 paise down ... - The Indian …
1 day ago · News; Business; Rupee sinks to record low, settles 58 paise down at 86.62 against US dollar; Rupee sinks to record low, settles 58 paise down at 86.62 against US dollar According to analysts, the Reserve Bank of India has allowed the fall in rupee's exchange rate versus US dollar amid dwindling forex reserves and declining emerging market ...
Rupee Falls Past 86 to New Record on Dollar Rally, Oil Surge
1 day ago · India’s rupee fell past a key psychological level of 86 per dollar after strong US jobs data damped bets on further Federal Reserve interest-rate cuts and as a surge in oil prices weighed on ...
Indian rupee falls to lifetime low of 86.31 against dollar; Sensex ...
1 day ago · The Indian rupee fell to a record low of 86.31 against the US dollar on Monday morning. A combination of domestic and global factors contributed to the fall. ... 1 - Surge in crude oil price: Forex traders, quoted by news agency PTI, said that the rupee came under intense pressure after a significant surge in crude oil prices, sustained outflow ...
INR/USD: RBI Chief Faces Calls to Unshackle Indian Rupee Amid …
6 days ago · India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing volatility like his predecessor did, or respond to calls for more flexibility ...
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