Rise in US bond yields, strong NDF dollar bids push rupee to record low
The Indian rupee hit a lifetime low on Thursday, pressured by a rise in U.S. bond yields and strong dollar bids in the ...
Indian rupee's slide to continue despite higher rate cut expectations
The Indian rupee will extend its steady decline against a strong U.S. dollar amid heightened market expectations of a Reserve Bank of India interest rate cut next month, a Reuters poll of foreign ...
RBI Should Allow More Rupee Volatility, Ex-Central Banker Says
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
Rupee falls to all-time closing low as onshore-NDF arbitrage weighs
The Indian rupee closed at its weakest closing level on record for the eighth consecutive session on Thursday, as a widened ...
Mid Day13d
Rupee hits new all-time low of 85.80 in mid-session amid rising FII outflows
The Indian rupee suffered its steepest single-day decline in the last six months on Friday, sinking 53 paise to hit an all-time intraday low of 85.80 against the US dollar. This sharp depreciation ...
Mid Day21d
Rupee falls to all-time low of 85.06 against the US dollar amid hawkish Fed outlook
The Indian rupee dropped 12 paise to a record low of 85.06 against the US dollar in early trade on Thursday. The decline comes in the wake of a hawkish stance from the US Federal Reserve ...