Rupee hits record low for sixth straight session as broad dollar strength persists
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond ...
Indian central bank likely selling dollars to cap rupee depreciation, traders say
The Indian central bank was likely selling dollars to limit the rupee's losses after it hit a record low on Tuesday on higher ...
Rupee to hover near record low amid rise in US Treasury yields
The Indian rupee may open near its all-time low on Tuesday and continue to trade with a mild depreciation bias, pressured by ...
Why is the Indian rupee falling against the US dollar?
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If ...
Indian rupee slips to lifetime low on dollar bids as Fed policy review looms
The Indian rupee dropped to a record low on Wednesday, weighed by persistent demand for U.S. dollars from importers and ...
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Indian rupee hits record low of 85.12 against US dollar
The Indian Rupee has hit a record low, plummeting to 85.12 against the US dollar. This is the fifth trading session in a row ...
Should RBI shift gear on its managed float of the Indian rupee?
To Mint Street’s credit, India resolved a macro trilemma in its own special way—keeping all three settings of an ‘impossible ...
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Indian rupee plummets to record low, nears 85 per USD
The Indian rupee has witnessed a sharp fall, hitting an all-time low of 84.94 against the US dollar on December 18. The fall ...
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Depreciating rupee will put more pressure on the Indian economy, say experts
Industry pundits believe that the RBI intervention may not be enough for the appreciating dollar to not put pressure on the ...
Indian Banks Lobby RBI to Approve New Benchmark for Swaps Market
A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to ...