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Rupee Hits Record Low, Central Bank Likely Steps In
Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters. The rupee was quoting at 87.
Rupee Hits Record Low, Central Bank Likely Steps In As Bearish Bias Persists
The Indian rupee hit an all-time low on Thursday amid heightened dollar demand likely spurred by the maturity of positions in the non-deliverable forwards market, while a prevailing bearish bias on the currency also weighed.
Rupee slumps 40 paise in a day, hits record low of 87.49/$
MUMBAI: The rupee fell to a record low of 87.49 on Wednesday before closing at 87.47, down 40 paise in a day, amid expectations of a rate cut by RBI. Despite a weaker dollar index and lower global oil prices,
Rupee hits record low ahead of central bank policy decision
The Indian rupee declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day before a crucial monetary policy decision.
5h
on MSN
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
ThePrint
23m
Rupee recovers 9 paise from all-time low level to close at 87.50 against US dollar
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...
4h
Mint Primer: Is the rupee on course for a bottomless fall?
On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to ...
India West
14h
Rupee Drops, Becomes Worst Performing Asian Currency In 2025
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.
2d
Dollar-rupee forwards dip on RBI rate cut bets, overnight swap rate normalizes
Dollar-rupee forward premiums and very-near-tenor swap rates dipped on Wednesday as some of the excess dollar liquidity in ...
4h
Rupee Closes Below 279 Against US Dollar 2nd Day in a Row After Small Increase
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 280 in the interbank ...
13h
Rupee hits new low, steeper fall likely amid Donald Trump tariff threats and FPI exit
On the eve of a likely interest rate cut by the Reserve Bank of India (RBI), the local currency slumped to an historic ...
12h
Rupee recovers 11 paise at open ahead of RBI's monetary policy
The local currency opened at 87.4688 against the US dollar, as compared to 87.5788 at previous close against the greenback ...
3h
India bolsters rupee trade: RBI gives nod for 156 vostro accounts with 26 banks for partner nations
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
7h
Rupee recovers 26 paise from all-time low level to 87.33 against US dollar
At the interbank foreign exchange, the rupee opened at 87.57, it touched an intraday high of 87.33 and a low of 87.57 against ...
money.rediff
8h
RBI Governor: Exchange Rate Policy Remains Consistent, Not Targeting Specific Rupee Level
Reserve Bank of India Governor Sanjay Malhotra reiterates that the exchange rate policy remains consistent, focusing on ...
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