'Market forces' push Rupee to record low near 88 per dollar, RBI Governor 'not targetting' any level
The Indian Rupee veered closer to the 88 mark against the US dollar on February 10, adding to the selling pressure in equity markets as well, and bringing RBI Governor's stated position in focus ...
The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band. Various domestic and global factors influence the exchange rate of the INR, such as the movement of ...
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Even as rupee closed a tad higher against US dollar on Tuesday, Finance Ministry told the Rajya Sabha that the Indian currency has declined over 1 per cent in January. It also said that the ...
The Indian rupee (INR) depreciated by 2.9 per cent in the first nine months of FY25, performing better than other currencies like the Canadian dollar, South Korean won, and Brazilian real ...
The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...
The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
BENGALURU, Feb 6 (Reuters) - The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S ...
The domestic currency declined past the 87 mark and has depreciated over two per cent so far in 2025. It is the worst performer among major Asian currencies this year. Persistent foreign outflows ...
On Monday, the rupee plunged 49 paise to close at an all-time low of 87.11 against the US dollar. "The Indian rupee opened near to 86.98 on Tuesday after relief from Mr. rump's tariffs overnight ...
The Indian Rupee extends its decline in Thursday’s early European session. Rising bets of RBI rate cuts and risk aversion continue to undermine the INR. The RBI interest rate decision and the US ...
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