Tag: rupee vs dollar

A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters)
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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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The rupee declined to 89.59 against the U.S. dollar, dipping past its previous record low of 89.49 hit about two weeks ago. (Bloomberg)
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Rupee weakens to record low against US dollar| Business News

The Indian rupee dropped to a lifetime low on Monday, with unfavourable trade and portfolio flows and the lack of a U.S.-India trade deal overshadowing…

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The rupee has declined 4.5% versus the US dollar over the year so far and is among the worst-performing Asian currencies this year. (Reuters)
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Rupee opens 0.4% stronger against US Dollar as RBI seen propping up currency| Business News

The Indian Rupee strengthened 0.4% against the US Dollar on Monday as the Reserve Bank of India intervened to prop up the local currency. The…

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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)
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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…

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