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MUMBAI, Jan 3 (Reuters) - The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter.

The Indian rupee closed at its weakest closing level on record for the eighth consecutive session on Thursday, as a widened arbitrage between the non-deliverable and outright forwards market added ...

That pressure is more, given the rupee’s recent slide against the US dollar. The Modi government has informally frozen the maximum retail prices (MRP) of all non-urea fertilisers. This is despite them ...

While FCNR (B) deposits can be maintained in foreign currency and are not converted to the rupee, an NRE account allows NRIs to deposit or save foreign earnings in Indian currency and NRO enables ...

The rupee's relative overvaluation is a potential drag on India's exports. Traders will also watch out for any potential changes in the RBI's forex intervention strategies over 2025 under the its ...

The rupee weakened a shade to close at a record low of 85.6450 per US Dollar (USD) on Wednesday, the first day of trading in 2025, with importer demand for the greenback and USD’s strength ...

On Monday, the rupee dropped 4 paise to 85.52 against the US dollar. The domestic unit has depreciated against the greenback by almost 3 per cent from 83.16 on December 29, 2023, to 85.65 on ...

Forex traders said the rupee has been under continued pressure amid the Federal Reserve's cautious stance on rate cuts and the "Trump factor" driving up the dollar index (DXY) and US 10-year bond ...

Over the past five decades, equity and fixed-income markets have delivered decent returns despite the declining value of the rupee. For the past nine months or so we’ve been seeing headlines ...