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(De)Valuation of Indian Rupee
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Rupee Hits Record Low of 85.25 Against US Dollar - Business News
The Indian Rupee depreciated by 10 paise to reach a new all-time low of 85.25 against the US dollar in early trade on Thursday, driven by foreign capital outflows and rising crude oil prices.
Rupee may fall past 90 per dollar as RBI ditches quasi-peg, says research
The Indian rupee could drop below 90 per dollar this year as the monetary authority moves away from its implicit quasi-peg to the dollar, according to Gavekal Research. Analysts Udith Sikand and Tom Miller noted that a larger depreciation of about 10%, bringing the rupee to 95, is "not out of...
86 is here.
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Rupee hits an all-time low to go past Rs 87 against US dollar. Here's why
Rupee hit an all-time low, breaching 87 per US dollar for the first time. The sharp fall was mainly triggered by three executive orders signed by Trump over the weekend.
Rupee Approaches 88 Mark, Plunges 44 Paise To Hit Record Low Of 87.94 Against US Dollar - News18
The Indian rupee weakens against the dollar as the risk of fresh US trade tariffs spurred losses in most regional currencies, with the Reserve Bank of India likely stepping in to support the domestic currency.
www.news18.com