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Indian rupee depreciation

Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

Wed, Aug 28, 2024

The rupee depreciated by 2 paise to 83.95 against the US dollar, influenced by a muted trend in domestic equities. Despite the dip, the rupee's downside appears well-contained, supported by anticipated RBI intervention.

Most rated Indian non-financial companies have buffer to manage rupee depreciation: Moody's

Most rated Indian non-financial companies have buffer to manage rupee depreciation: Moody's

Wed, Nov 30, 2022

For these companies, a large proportion of their revenues and costs are denominated in US dollars, which protects them from any adverse currency movements.

Rupee Vs Dollar: Indian currency recovers from life-time low; analysts say more pain on the cards

Rupee Vs Dollar: Indian currency recovers from life-time low; analysts say more pain on the cards

Thu, Oct 20, 2022

Analysts suggest that there needs to be a coordinated effort from all the central banks of other nations as well to deal with the rising value of the USD.

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Your rupee is worth even less today, may hit 73 mark; no relief for common man

Your rupee is worth even less today, may hit 73 mark; no relief for common man

Wed, Sep 12, 2018

The rupee today depreciated to a lifetime low of 72.91 against the dollar at the interbank foreign exchange market, quoting 22 paise lower against the American currency in morning trade amid surging crude oil prices and unabated foreign fund outflows.

Indian Rupee recovers 15 paise after hitting record low, traded 72.30 against US$

Indian Rupee recovers 15 paise after hitting record low, traded 72.30 against US$

Tue, Sep 11, 2018

The rupee traded over 72.30 against the US dollar around 11.35 am at the Inter-Bank Foreign Exchange Market.

Your rupee is worth even less today! Value plunges to historic low

Your rupee is worth even less today! Value plunges to historic low

Mon, Sep 10, 2018

The Indian rupee today slumped to a fresh record low of 72.18, falling 45 paise against the US dollar, while opening at record low of 72.15 a dollar from its previous close of 71.73 at the Interbank Foreign Exchange (Forex) market. The domestic currency breached its previous record low of 72.11 hit on September 6.

Indian Rupee opens on positive note, up 4p higher against US$

Indian Rupee opens on positive note, up 4p higher against US$

Fri, Sep 07, 2018

The positive sentiment in Indian rupee today is due to slight weakness seen in the American unit against some currencies including yen on fears that US President Donald Trump would take up trade issues with Japan.

Rupee tumbles for 7th day; breaches 72-mark on global headwinds

Rupee tumbles for 7th day; breaches 72-mark on global headwinds

Thu, Sep 06, 2018

The rupee has been under immense pressure due to a host of reasons including soaring crude oil prices, sustained foreign fund outflows and widening current account deficit. Besides, escalation in global trade war tiff too weighed on sentiments. But primarily it was weakness in emerging market currencies overseas which boosted the dollar, resulting in a duress for the domestic currency.

Rupee outlook: Indian currency to languish around 70 per $ a year from now, says poll

Rupee outlook: Indian currency to languish around 70 per $ a year from now, says poll

Thu, Sep 06, 2018

India`s battered rupee, which has lost more than 12 percent this year, will hover near record lows on a worsening trade balance and at best only pare some of those losses in the coming 12 months, a Reuters poll found.

Indian rupee slumps to fresh record low of 71.79 against US dollar

Indian rupee slumps to fresh record low of 71.79 against US dollar

Wed, Sep 05, 2018

At the interbank foreign exchange market in Mumbai today, the rupee resumed higher at 71.43 against yesterday's closing level of 71.58 a dollar. The Indian unit was trading on a volatile note, moving in a wide range quoting between 71.40 and 71.79 during morning deals.

Indian rupee set to plunge to 72; will hit students, travellers, importers hard

Indian rupee set to plunge to 72; will hit students, travellers, importers hard

Wed, Sep 05, 2018

Indian rupee falls 37 paise to hit record low of 71.58 against the US dollar; set to pinch students, travellers and importers hard

Indian Rupee slumps 16 paise to hit fresh low of 71.37 per dollar

Indian Rupee slumps 16 paise to hit fresh low of 71.37 per dollar

Tue, Sep 04, 2018

At the Interbank Foreign Exchange, rupee opened at a record low of 71.24 against a dollar, down from its previous close of 71.21, and weakened further to trade at a fresh low of 71.37, down 16 paise. Around 9.55 am, the local currency was trading at 71.19 per dollar.

High borrowing costs, weak rupee to impact India Inc: Report

High borrowing costs, weak rupee to impact India Inc: Report

Fri, Aug 24, 2018

"The rise in lending rates in general and borrowing cost in specific can dampen the industrial production and the revival in the domestic demand," Singh said.

US Fed indicates more rate hikes this year; what this means for Indian rupee

US Fed indicates more rate hikes this year; what this means for Indian rupee

Fri, Jun 16, 2017

US Federal Reserve has hiked its domestic rate for the third time in December posing threat to inflows from FPIs in India and thus opening case for depreciation bias in Indian rupee against dollar.

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