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Rupee Hits Record Low, Central Bank Likely Steps In
Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters. The rupee was quoting at 87.
Rupee Hits Record Low, Central Bank Likely Steps In As Bearish Bias Persists
The Indian rupee hit an all-time low on Thursday amid heightened dollar demand likely spurred by the maturity of positions in the non-deliverable forwards market, while a prevailing bearish bias on the currency also weighed.
Rupee slumps 40 paise in a day, hits record low of 87.49/$
MUMBAI: The rupee fell to a record low of 87.49 on Wednesday before closing at 87.47, down 40 paise in a day, amid expectations of a rate cut by RBI. Despite a weaker dollar index and lower global oil prices,
Rupee to hold near record low in lead up to central bank rate decision
The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.
2h
on MSN
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
1h
Rupee recovers 15 paise from all-time low level to close at 87.44 against U.S. dollar
The rupee recovered 15 paise from its all-time low closing level to 87.44 (provisional) against the U.S. dollar on Friday ...
1h
Mint Primer: Is the rupee on course for a bottomless fall?
On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to ...
4h
Rupee recovers 26 paise from all-time low level to 87.33 against US dollar
At the interbank foreign exchange, the rupee opened at 87.57, it touched an intraday high of 87.33 and a low of 87.57 against ...
1h
Rupee Closes Below 279 Against US Dollar 2nd Day in a Row After Small Increase
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 280 in the interbank ...
2d
Dollar-rupee forwards dip on RBI rate cut bets, overnight swap rate normalizes
Dollar-rupee forward premiums and very-near-tenor swap rates dipped on Wednesday as some of the excess dollar liquidity in ...
India West
11h
Rupee Drops, Becomes Worst Performing Asian Currency In 2025
The Indian rupee hit a record low on February 6, declining to 87.5825 against the U.S. dollar, as market concerns over U.S.
money.rediff
1h
Rupee Recovers 15 Paise, Closes at 87.44 vs US Dollar
The Indian rupee recovered 15 paise from its all-time low against the US dollar after the Reserve Bank of India cut the repo rate by 25 basis points. The rupee closed at 87.44 on Friday.
9h
Rupee recovers 11 paise at open ahead of RBI's monetary policy
The local currency opened at 87.4688 against the US dollar, as compared to 87.5788 at previous close against the greenback ...
8h
Rupee recovers 16 paise against US dollar
Rupee recovers 16 paise against US dollar ahead of RBI policy announcement: Follow The Hindu’s updates on the rupee trading ...
49m
India bolsters rupee trade: RBI gives nod for 156 vostro accounts with 26 banks for partner nations
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
money.rediff
5h
RBI Governor: Exchange Rate Policy Remains Consistent, Not Targeting Specific Rupee Level
Reserve Bank of India Governor Sanjay Malhotra reiterates that the exchange rate policy remains consistent, focusing on ...
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