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Rupee Hits Record Low, Central Bank Likely Steps In
Rupee strengthens, forwards dip ahead of central bank policy decision
The Indian rupee rose in early trading on Friday, tracking the gains in most Asian currencies, while dollar-rupee forward premiums dipped ahead of a closely watched monetary policy announcement by the Reserve Bank of India.
Rupee Hits Record Low, Central Bank Likely Steps In As Bearish Bias Persists
The Indian rupee hit an all-time low on Thursday amid heightened dollar demand likely spurred by the maturity of positions in the non-deliverable forwards market, while a prevailing bearish bias on the currency also weighed.
Rupee slumps 40 paise in a day, hits record low of 87.49/$
MUMBAI: The rupee fell to a record low of 87.49 on Wednesday before closing at 87.47, down 40 paise in a day, amid expectations of a rate cut by RBI. Despite a weaker dollar index and lower global oil prices,
Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters. The rupee was quoting at 87.
4h
on MSN
Rupee to hold near record low in lead up to central bank rate decision
The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts ...
cnbctv18
33m
RBI intervenes only to curb excessive volatility, says Sanjay Malhotra on rupee weakness
Governor Sanjay Malhotra has addressed concerns over the rupee's weakness. Announcing the RBI’s latest monetary policy ...
2h
Rupee recovers 16 paise against US dollar
Rupee recovers 16 paise against US dollar ahead of RBI policy announcement: Follow The Hindu’s updates on the rupee trading ...
7h
Mint Primer: Is the rupee on course for a bottomless fall?
On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to ...
3h
Rupee recovers 11 paise at open ahead of RBI's monetary policy
The local currency opened at 87.4688 against the US dollar, as compared to 87.5788 at previous close against the greenback ...
India West
5h
Rupee Drops, Becomes Worst Performing Asian Currency In 2025
The Indian rupee hit a record low on February 6, declining to 87.5825 against the U.S. dollar, as market concerns over U.S.
money.rediff
2m
RBI Governor: Exchange Rate Policy Remains Consistent, Not Targeting Specific Rupee Level
Reserve Bank of India Governor Sanjay Malhotra reiterates that the exchange rate policy remains consistent, focusing on ...
5h
Rupee hits new low, steeper fall likely amid Donald Trump tariff threats and FPI exit
On the eve of a likely interest rate cut by the Reserve Bank of India (RBI), the local currency slumped to an historic ...
Khaleej Times
1h
Indian rupee rises against UAE dirham after hitting all-time low
The dollar index was little changed at 107.7, while Asian currencies were mostly up between 0.1 per cent and 0.4 per cent ...
20h
Rupee plunges 14 paise to close at record low of 87.57 against US dollar
At the interbank foreign exchange, the rupee opened at 87.54 and slipped further to an all-time intraday low of 87.60 against ...
1d
on MSN
Scant relief for struggling rupee on more dollar long unwinding
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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