Rupee Hits Record Low, Central Bank Likely Steps In
On the day, the currency rose about 0.2% to end at 87.4250 against the U.S. dollar. It declined by nearly 1% on the week though, its worst weekly performance since December 2022. Asian currencies were ...
The dollar index was little changed at 107.7, while Asian currencies were mostly up between 0.1 per cent and 0.4 per cent ...
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A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
The RBI interest rate decision and the US January employment report will be in the spotlight on Friday.
The Indian rupee breached the 87 per dollar mark for the first time today, a steep fall from its previous close of 86.61/$ on ...
The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a ...
Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...
The Indian Rupee has plunged 14p to a record low of 87.57 against the US Dollar today. The fall comes amid market expectations of an impending rate cut by the Reserve Bank of India (RBI) and poor ...
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The Indian rupee hit a record low on February 6, declining to 87.5825 against the U.S. dollar, as market concerns over U.S.
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