Rupee hits record low amid worries about US tariffs; RBI likely steps in
The Indian rupee slipped to an all-time low on Friday, as the threat of U.S. trade tariffs under President Donald Trump weighed on most Asian currencies, while the Reserve Bank of India likely stepped in to support the local unit,
Indian rupee hits all-time low against USD ahead of Budget
The Indian rupee has hit an all-time low, trading at 86.65 per dollar today. The fall exceeds its previous lowest value of 86.6475, recorded earlier this month. The depreciation follows the possible US trade tariffs announced by President Donald Trump, causing most Asian currencies to falter.
The Indian Rupee (INR) follows a market-determined exchange rate, with no fixed target or specific range. Its value is ...
The USD/INR exchange rate has surged to a record high as the Indian rupee remained on edge. It jumped to a high of 86.65, up ...
Press Trust of India on MSN21h
Indian Rupee Performed Better Than Currencies Of Canada, Korea, Brazil: Economic SurveyThe Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than ...
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These comments came when the central bank has been spending dollars heavily in the forex market to defend Indian rupee from ...
One of the primary factors behind the rupee depreciation during 2024 has been the broad-based strengthening of the USD amidst ...
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.
The US Federal Reserve kept interest rates unchanged at 4.25 percent-4.5 percent in its latest policy decision.
The Indian rupee hit an all-time low on Friday and was the worst performer among major Asian currencies in January, hurt by ...
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