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The decline in reserves is most likely due to RBI intervention, aimed at preventing a sharp depreciation of the Rupee.
JUST IN | Rupee drops past 87 as Trump tariffs rattle Asian currencies. Reuters reports. — The Hindu (@the_hindu) February 3, ...
The Indian rupee reached a lifetime low of 87.5825, driven by U.S. trade tariff concerns and portfolio outflows.
Press Trust of India on MSN7d
India macro fundamentals strong, rupee not depreciating against any currency other than USD: FMFinance Minister Nirmala Sitharaman Sunday rejected criticism over the slide of the Indian rupee, saying it has depreciated ...
Press Trust of India on MSN5d
Rupee falls 55 paise to breach 87 level against USD as Trump tariff triggers trade war fearsMumbai: The rupee plunged 55 paise to close at an all-time low of 87.17 (provisional) against the US dollar Monday, as global ...
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