Latest Updates Around The World
The rupee weakened further past the 90 per dollar mark to a record low for the third straight session on Monday, driven by concerns over a prolonged deadlock in US-India trade talks and continued portfolio outflows. The rupee fell to 90.7850, extending this year’s decline to around 6%, before ending the session slightly higher at […]
The recovery was aided by US dollar weakness in global markets and reported intervention by the RBI The rupee opened above 90 against the dollar level for the first time on Thursday, but recovered to close below this level. The Indian unit opened at 90.3650 per US dollar (USD) and touched an intraday high/low of […]
Mumbai: The rupee hit its weakest level ever, falling past the psychologically significant 89 per dollar mark for the first time on Friday before closing at 89.49. The rupee weakened nearly 80 paise from its previous close and recorded an intraday low of 89.59 on Friday, LSEG data showed.Among the factors cited by traders were […]
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 […]
