Indian Rupee touches record low of 87.57 against US Dollar
The Indian Rupee has plunged 14p to a record low of 87.57 against the US Dollar today. The fall comes amid market expectations of an impending rate cut by the Reserve Bank of India (RBI) and poor economic data. The Rupee's fall is also aggravated by continued foreign fund outflows and a slump in domestic equities amid weak risk appetite.
MUMBAI, Feb 6 (Reuters) - The Indian rupee declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day before a crucial monetary ...
Even as rupee closed a tad higher against US dollar on Tuesday, Finance Ministry told the Rajya Sabha that the Indian ...
The Indian Rupee has touched a new low, trading at 87.50 against the US Dollar today. The fall was witnessed against the ...
The Indian rupee will likely not receive much of a boost on Thursday from the further unwinding of long dollar positions ...
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Trump imposed a 10% duty on Chinese exports to the U.S, and 25% tariffs on Canada and Mexico, two of its top trading partners ...
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The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
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