Tag: rupee

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Posted in Economy

Weak Indian rupee is good for export, but not as good as it seems

The RBI’s firm intervention shored up the rupee yesterday when it rebounded to close 65 paisa stronger at 90.38 a dollar reversing a five-day streak…

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The Indian Rupee is Asia's worst performing currency against the US dollar in 2025. (Reuters)
Posted in Business

Rupee rout vs US dollar dims hopes of a strong recovery in Indian stocks| Business News

The Indian rupee’s slide to repeated record lows against the US dollar is finally starting to pinch the equity outlook, with analysts warning that prolonged…

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The rupee is heading towards its sharpest yearly fall since 2022. (AFP)
Posted in Business

Rupee hits new all-time low of 90.72 vs Dollar with India-US trade deal in limbo| Business News

The Indian rupee fell to a new record low on Monday against the US dollar as uncertainty continues to surround a India-US trade deal and…

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The rupee weakened to 90.5175 against the US dollar, slipping past its previous all-time low of 90.4675 hit on December 11. (Reuters)
Posted in Business

Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on| Business News

The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US…

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Posted in Economy

RBI may maintain repo rate at 5.25% through FY27: Fitch

MUMBAI: The Reserve Bank of India is expected to keep its policy repo rate unchanged at 5.25% through the next fiscal year after a 25-basis-point…

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The rupee weakened to 90.42 against the U.S. dollar, eclipsing its previous all-time low of 90.29 hit on Wednesday. (Bloomberg)
Posted in Business

Rupee hits fresh record low of 90.42/Dollar ahead of RBI monetary policy| Business News

The Indian Rupee has slipped to another record low against the US Dollar, a day before the Reserve Bank of India spells out its latest…

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The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
Posted in Business

Rupee risks steeper fall past 90/Dollar without RBI help, India-US trade deal| Business News

The Indian Rupee fell past 90 per US dollar for the first time on Wednesday, as traders bet that the lack of a India-US trade…

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Posted in Economy

Policymakers count the costs as rupee breaches 90/dollar barrier: Here is what could be in store for India now

The rupee sank to a record low against the US dollar on December 3, briefly breaching the psychological 90 mark before settling just below it….

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FILE PHOTO: A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi, India, May 24, 2024. REUTERS/Priyanshu Singh/File Photo (REUTERS)
Posted in Business

Rupee weakens past 90/Dollar for the first time| Business News

The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark on Wednesday, extending its rough patch as the weakness in trade and…

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A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters)
Posted in Business

Hedging against Indian Rupee weakness turns costlier as 90/US Dollar looms| Business News

Hedging against the Indian Rupee’s weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns about further depreciation and expectations…

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