Rupee hits record low on strong NDF dollar bids
Rupee plunges to record low of 85.74 against US dollar
The rupee hit a fresh record low on Friday, depreciating by 0.6 per cent to close at 85.7437 per US dollar. This marks its steepest single-day fall since February 2023, as per Bloomberg data. The local currency has extended its losing streak for the ninth consecutive session,
India’s import bill is expected to increase by about $15 billion due to INR depreciation impact, says Global Trade Research ...
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Faced with a dire financial crisis in 1991, Manmohan Singh, then Finance Minister, introduced the New Economic Policy under ...
The rupee recorded its steepest single-day fall in past six months, sinking 53 paise to hit a new all-time intraday low of 85.80 against the US dollar during mid session on Friday as the unabated rise ...
The Indian rupee may remain pressured this week by a broadly stronger U.S. dollar after the Federal Reserve forecast fewer ...
Rupee hits record low against dollar in 2024; explore how RBI interventions and stable oil prices maintain low volatility.
Dr Manmohan Singh's tenure as Finance Minister in the early 1990s and later as Prime Minister from 2004 to 2014 introduced ...
The Indian rupee hit a lifetime low for the seventh straight session on Thursday, adding to its losses in the current quarter ...
Rupee depreciation impacts corporate profits, liabilities, and investments, leading to challenges and opportunities across ...
The Indian Rupee dropped to its lowest value ever, 85.73, compared to the US Dollar on Friday, December 27. Check other ...
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