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India rupee declines past 86/USD on resilient US economy, weak inflows
MUMBAI (Reuters) - The
Indian rupee
dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that compounded the pressure from weak inflows and higher hedging activity. The
rupee
declined 0.4% to a lifetime low ...
Indian rupee weakens to lifetime low of 86.2 per USD
The Indian rupee opened at a record low of 86.20 against the US dollar, depreciating five paise from its previous close. The decline comes after a three-day streak of record lows for the rupee, which closed at 85.97 per dollar on Friday.
No relief expected for India rupee, bonds to decline
The Indian rupee is likely to fall further this week, weakening past a psychologically important level, in the wake of an ongoing rally in the
Rupee to weaken past 86/USD on hawkish Fed outlook
The Indian rupee is poised to decline against the U.S. dollar at the open on Monday, dipping past the 86 level, after a blowout U.S. jobs report increased the likelihood that the Federal Reserve may not cut rates anytime soon.
2h
Indian central bank likely selling dollars to support rupee, traders say
The Indian central was likely selling dollars to support the rupee on Monday, after the currency slumped to its all-time low ...
18m
Rupee breaches 86 against US dollar on strengthening dollar, weak FII inflows
The strong dollar, rise in crude oil prices and selling by foreign investors in the equity market are the major reasons for ...
ABP Live on MSN
1h
Share Market Plunges, Sensex Tanks Over 500 Points, Nifty Tests 23,250. Rupee Crashes To New Lows
In the broader markets, all the indices remained in the negative territory. The VIX, volatility index, climbed close to 7 per ...
2d
on MSN
In month since change of guard at central bank, Indian rupee's volatility picks up
The Indian rupee's volatility picked up in the one month following the change of guard at the Reserve Bank of India, and ...
1h
Rupee crashes 27 paise to hit record low of 86.31 against US dollar in early trade
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.22 per cent to ...
4d
7 countries where the Indian Rupee is stronger
When it comes to traveling abroad, do you often find yourself checking the exchange rates non-stop? Well, you should, because ...
2d
India rupee hits lifetime low, falls for 10th straight week
The Indian rupee slipped to its all-time low on Friday as the dollar stood firm ahead of closely watched U.S. labour market ...
5d
Indian rupee to get support at 85.5, in case of breach it may test 86.5 against US dollar: UBI
The Indian rupee opened strong on Tuesday morning as compared to the all-time low it tasted during the previous session. At ...
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