In the calendar year to date, the rupee has depreciated about 5 percent (or about 425 paise) against the US dollar The rupee came within range of the psychologically crucial 90 per dollar mark on Tuesday, testing an intraday all-time low of 89.95 and closing at a record low of 89.87. The Indian currency (INR) […]
The Indian rupee fell to a record low on Tuesday, widening losses due to the lack of a trade deal between India and the United States, which has hit trade inflows and portfolios.The currency traded at 89.9475 against the US dollar before closing at 89.87, down almost 0.4% on the day and its fifth consecutive […]
During the day, the rupee witnessed a huge move of 107 paise with the high/low being 88.60/89.67. The rupee saw its biggest single-day decline in recent times on Friday, crossing the 89-to-dollar mark to close at an all-time low. The Indian currency (INR) was under pressure due to a worsening trade deficit, lack of visibility […]
During the day, the rupee witnessed a huge move of 107 paise with the high/low being 88.60/89.67. The rupee saw its biggest single-day decline in recent times on Friday, crossing the 89-to-dollar mark to close at an all-time low. The Indian currency (INR) was under pressure due to a worsening trade deficit, lack of visibility […]
The Indian rupid fell to a low point against the US dollar on Thursday, in a slide that reflects the increasing tribe of American rates on the third largest economy in Asia. The rupid closed 0.39% lower at 88.4425 against the previous closure of 88.1000. The currency had hit his previous record of 88.36 last […]