Mumbai, April 6 The rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following measures taken by the Reserve Bank to curb speculative activity and dampen volatility in the Indian currency.Forex traders said that while the RBI's measures are positive for the rupee...
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Mumbai, March 23 The rupee breached the 94-level against the US dollar for the first time on Monday, closing flat at 93.53, amid a correction in global crude prices.At the interbank foreign exchange market, the local currency opened at 93.84 and breached the 94-mark against the US dollar for...
Rupee Falls Below 94/USD for First Time Amid Rising Crude Prices and FII Outflows
Mumbai, March 23 – The Indian rupee breached the 94 per US dollar mark for the first time on Monday, falling 50 paise to a provisional 94.03 amid soaring global crude prices, continued foreign fund outflows, and a...
Rupee Falls to Record Low of 93.94 Against US Dollar
The rupee declined sharply on Monday, reaching a record low of 93.94 against the US dollar. The depreciation was driven by the ongoing war in West Asia, which has kept global crude oil prices elevated, and the strength of the US dollar...
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Indian Rupee Hits Record Low of 92.31 Against US Dollar as Oil Surge and Global Risk-Off Mood Weigh
The Indian rupee fell to a fresh all-time low of 92.31 against the US dollar on Monday after opening sharply weaker, as a sharp rise in crude oil prices and a global shift toward risk aversion...
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