Rupee falls 9 paise to hit all-time low of 85.24 ... - Times of India
1 day ago · India Business News: The Indian rupee fell to an all-time low of 85.24 against the US dollar due to rising US Treasury yields and a decrease in Asian currencies. Despite p
Indian rupee drops to all-time low against US dollar
1 day ago · The Indian rupee dropped to a lifetime low versus the U.S. dollar at open on Thursday, bogged down by higher U.S. Treasury yields and the dip in most Asian peers. The rupee was quoting at 85.2400 to the U.S. dollar - a record low - compared to 85.20 on Tuesday. India's financial markets were off on Wednesday.
Rupee Hits Fresh All-Time Low Of 85.24, Falls 9 Paise Against Dollar
1 day ago · The Indian rupee on Thursday declined by 9 paise to hit an all-time low of 85.24 against US dollar in the opening trade, amid higher US Treasury yields and a fall in most Asian peers. The 10-year US Treasury yield rose to the highest since late May on Tuesday. Surging crude oil prices also pushed the rupee down further, according to analysts.
Indian rupee drops to all-time low against US dollar | Reuters
1 day ago · The Indian rupee hit a lifetime low for the seventh straight session on Thursday, adding to its losses in the current quarter on the back of a combination of a wider trade deficit and anaemic ...
Daily Briefing: Where the rupee stands | Live News - The Indian …
1 day ago · Big Story. Is the rupee weakening or strengthening? Well, both. Let me explain. The rupee has been nosediving against the US dollar each day. However, its real effective exchange rate (REER) index is at an all-time high, per the latest Reserve Bank of India (RBI) data. For context: The REER is the value of the currency compared to a …
As rupee hits new lows, real effective exchange ... - The Indian …
1 day ago · The main reason for the divergence — the rupee’s simultaneous weakening and strengthening — has to do with the dollar’s behaviour over the past three months, especially post Donald Trump’s victory in the US presidential elections on November 5.. Between September 27 and December 24, the dollar index futures — a gauge of the greenback’s value relative to a basket of six currencies ...
Rupee slips to all-time low pressured by weak yuan, importer …
4 days ago · The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline. ... For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to ...
Rupee hits record low for sixth straight session as broad dollar ...
3 days ago · MUMBAI, Dec 24 (Reuters) - The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for ...
Rupee slips to all-time low pressured by weak yuan, importer …
4 days ago · The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state ...
Rupee hits all-time low against US dollar. Why is it ... - India Today
Dec 20, 2024 · The Indian rupee weakened to a record low of 85.10 against the US dollar on Friday, weighed down by persistent dollar strength following robust US economic data that reinforced the Federal Reserve's hawkish stance. The rupee surpassed its previous low of 85.0850 reached on Thursday and settled at 85.10 by 10:00 am.