Tag: rupee dollar exchange rate
Rupee strengthens to under 90/dollar after nearly a week after RBI steps in| Business News
The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in…
INR USD | Rupee roars back on RBI support to rise the most in seven months
The Indian rupee strengthened the most in seven months on Wednesday after the Reserve Bank of India aggressively sold dollars to support the currency. Stocks…
INR-USD | Rupee slides to fresh all-time low of 90.82/Dollar in absence of India-US trade deal
The Indian Rupee slipped to an all-time low for the fourth consecutive session on Tuesday, as an India-US trade deal remained elusive. The rupee slipped…
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…
Sensex down 800 points, Nifty below 26,000 — Why is stock market down today?| Business News
India’s stock market suffered a late sell-off today, with the benchmark indices tumbling sharply, wiping out over ₹7 lakh crore of investor wealth in the…
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…
RBI’s forex strategy yields better results than IMF approach, says deputy governor Poonam Gupta
The Reserve Bank of India’s (RBI) currency management policy of building up foreign exchange reserves and intervening in the currency market to smoothen volatility may…