Indian Rupee hits record low over Dollar rally, equity outflows
The Indian Rupee hit a historic low today, largely owing to the US Dollar's rally and expected outflows from domestic equities. The INR fell to an all-time low of 84.4125 against USD before settling at 84.3925, the same as its closing number in the previous session. This is the fifth straight session that the currency has hit record lows.
The Indian central bank was likely selling dollars to support the rupee after the local currency hit its all-time low on ...
Jateen Trivedi, Vice President and Research Analyst for Commodities and Currency at LKP Securities, observed that the rupee has traded relatively flat near 84.41, as the dollar index stayed neutral ...
The Indian rupee opened flat at 84.39 against the US dollar on Tuesday, nearly unchanged from Monday’s close of 84.388, as ...
Indian rupee falls below 84.10 due to US election results, but may recover to 84.20-84.15 levels in short-term.
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The Indian rupee is set to open higher on Friday, helped by the U.S. dollar reversing a large part of the rally that was ...
The rupee closed little changed at 84.3750 against the dollar, after declining to 84.38 late in the session, eclipsing ...
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.
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