Rupee, India

Rupee hits record low for sixth straight session as broad dollar strength persists
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for the greenback from importers added to the lingering pressure on the local currency.
Indian rupee hits record low of 85.12 against US dollar
The Indian Rupee has hit a record low, plummeting to 85.12 against the US dollar. This is the fifth trading session in a row where the rupee has hit a new record low, beating Friday's previous record of 85.
Depreciating rupee will put more pressure on the Indian economy, say experts
Industry pundits believe that the RBI intervention may not be enough for the appreciating dollar to not put pressure on the economy after rupee breaches the 85 level
Rupee remains under pressure, touches new low of 85.12 per dollar
The local currency had settled at 85.02 per dollar after choppy trading on Friday, touching 85.11 per dollar before regaining ground against the greenback on the back of FTSE rebalancing inflows
Indian rupee plummets to record low, nears 85 per USD
The Indian rupee has witnessed a sharp fall, hitting an all-time low of 84.94 against the US dollar on December 18. The fall is just six paise shy of the 85 mark, hinting at further decline. The currency opened slightly lower than its previous close at 84.92, down by two paise from 84.90.
Rupee turns flat at 85.04 against US dollar in early trade
The rupee saw some recovery from its all-time low level and settled 9 paise higher at 85.04 against the US dollar.
Indian central bank likely selling dollars to cap rupee depreciation, traders say
The Indian central bank was likely selling dollars to limit the rupee's losses after it hit a record low on Tuesday on higher ...
Why is the Indian rupee falling against the US dollar?
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If ...
Should RBI shift gear on its managed float of the Indian rupee?
To Mint Street’s credit, India resolved a macro trilemma in its own special way—keeping all three settings of an ‘impossible ...
Rupee to hover near record low amid rise in US Treasury yields
The Indian rupee may open near its all-time low on Tuesday and continue to trade with a mild depreciation bias, pressured by ...
Indian Banks Lobby RBI to Approve New Benchmark for Swaps Market
A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to ...
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Rupee declines slightly tracking weaker yuan, forward premiums nudge up
MUMBAI (Reuters) - The Indian rupee weakened on Monday, pressured by a decline in the offshore Chinese yuan and month-end ...
Indian rupee slips to lifetime low on dollar bids as Fed policy review looms
The Indian rupee dropped to a record low on Wednesday, weighed by persistent demand for U.S. dollars from importers and ...