Rupee hits all-time low against US dollar. Why is it ... - India Today
2 days ago · 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.
Rupee Falls Below 85-Mark for the First Time in History: Why is Indian …
3 days ago · Rupee Crosses 85 Mark Vs Dollar: The rupee on December 19 breached the 85-mark against the US dollar for the first time in history, declining 12 paise to an all-time low of 85.07 against the US dollar in the morning trade. It comes a hawkish stance from the US Federal Reserve, which sparked a broad dollar rally. The development comes two months after the rupee had fallen below the 84 mark on ...
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
3 days ago · The rupee breaching 85 per dollar has traders speculating about the next line in the sand under the new central bank governor.
Rupee recovers from all-time low, gains 10 paise to 85.03 against …
1 day ago · The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 (provisional) against the U.S. dollar on Friday (December 20, 2024), on softening of the U.S ...
Indian rupee slips to lifetime low on dollar bids as Fed policy …
4 days ago · The Indian rupee dropped to a record low on Wednesday, weighed by persistent demand for U.S. dollars from importers and speculators ahead of the Federal Reserve's policy decision.
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of India's (RBI) monetary policy decision. Analysts predict potential easing measures like a CRR reduction, but a surprise rate cut could weaken the rupee further.
Rupee falls below 85/USD as Fed's hawkish shift rattles Asian ...
2 days ago · MUMBAI, Dec 19 (Reuters) - The Indian rupee weakened past 85 per dollar on Thursday, hitting an all-time low as the Federal Reserve's scaling back of its rate cut projections for 2025 battered ...
Rupee hits record low before recovering slightly, weekly losses …
1 day ago · The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided by likely dollar inflows, although its losing steak persisted into a seventh straight week. The rupee closed at 85.0150 against the U.S. dollar, up from its close at 85.07 in the previous session, after hitting a low of 85.10 earlier in the session.
India rate cut could come as soon as February after surprise RBI ...
Dec 10, 2024 · India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.
Indian Rupee’s Record Low Puts Pharma Stocks in Spotlight
2 days ago · Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. ... Indian Rupee’s Record Low Puts Pharma Stocks in Spotlight ... As the rupee ...