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Rupee hits record low on strong NDF dollar bids
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable forwards (NDF) market, while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses.
Rupee hits record low against US Dollar, weakens past 85.50 mark
With the fall, the INR has broken below the psychologically key level of 85.50 for the first time, weakening for a ninth day in a row.
Rupee remains under pressure, hits record low of 85.28 vs $
The rupee continues to weaken against the dollar, hitting a record low of 85.26 due to elevated dollar index levels and cautious foreign institutional investors. The currency struggles with recovery amid global economic uncertainties and domestic macroeconomic challenges,
The Financial Express
32m
Rupee touches record low in 2024, but volatility stays low, says CareEdge Ratings
Rupee hits record low against dollar in 2024; explore how RBI interventions and stable oil prices maintain low volatility.
13h
on MSN
From Rupee devaluation to Mutual Funds: How Manmohan Singh opened India’s doors to the world
Faced with a dire financial crisis in 1991, Manmohan Singh, then Finance Minister, introduced the New Economic Policy under ...
4d
on MSN
India rupee seen under pressure, bonds to track US peers
The Indian rupee may remain pressured this week by a broadly stronger U.S. dollar after the Federal Reserve forecast fewer ...
1d
on MSN
Indian Rupee to remain in pressure amid weak manufacturing exports & policy rate differential with US- Report
The Indian rupee (INR) is expected to face challenges in 2025 due to multiple global and domestic factors, according to a ...
1d
on MSN
Rupee sees relative gain as other currencies fall more vs $: RBI
MUMBAI: A relatively weak rupee, in the short term, benefits India's trade balance, a report published by RBI said. However, ...
1d
As rupee hits new lows, real effective exchange rate soars to an all-time high
The real effective exchange rate (REER) index of the rupee touched a record 108.14 in November, strengthening by 4.5 per cent ...
14h
on MSN
Former PM Manmohan Singh, the quiet force behind India’s economic revival, dies at age 92
As Finance Minister under Prime Minister P.V. Narasimha Rao, Singh introduced the New Economic Policy (NEP), a series of ...
3h
The Legacy Of Manmohan Singh: Economic Reforms That Defined Modern India
Explore the transformative economic reforms initiated by Manmohan Singh in 1991 that reshaped Indias global standing and ...
10d
India cenbank likely steps in as trade deficit woes push rupee to record low
The Reserve Bank of India (RBI) likely intervened to support the rupee after the currency slipped to an all-time low on ...
1d
Indian Rupee to remain in pressure amid weak manufacturing exports, policy rate differential with US
The report noted that the key pressures include slowing foreign direct investment (FDI) inflows, weak manufacturing exports, ...
18h
‘Rupee is in ICU’: As India’s currency touches new low, six Narendra Modi quotes to remember
Explaining how government corruption and inefficiency are responsible, the prime minister had many a time ranted against the ...
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