Tag: rupee rate today

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…

Continue Reading
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…

Continue Reading
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…

Continue Reading
The RBI is keeping a close watch of the rupee's movements and would take "appropriate steps" as warranted, Governor Sanjay Malhotra had said earlier in October. (PTI)
Posted in Business

A stable rupee vs dollar fuels speculation of RBI returning to old playbook| Business News

The Indian Rupee (INR) has barely budged against the US Dollar (USD) over the past three weeks, prompting some traders to speculate that the Reserve…

Continue Reading
ET logo
Posted in Economy

RBI unveils new measures for internationalisation of Indian Rupee

The Reserve Bank of India (RBI) on Wednesday announced fresh measures to promote wider use of the Indian Rupee in cross-border transactions, as part of…

Continue Reading