The rupee fell to a record low of 85.16 against the US dollar, driven by capital outflows, a stronger dollar, and rising crude oil prices. Despite positive domestic equity trends, the rupee's decline continues
24 December,2024 09:32 AM IST | Mumbai
The Indian rupee dropped to an all-time low of 85.06 against the US dollar, driven by a hawkish US Federal Reserve outlook, a rising dollar, and foreign fund outflows.
19 December,2024 09:49 AM IST | Mumbai
The Indian rupee touched a new all-time low of 84.92 against the US dollar in early trade on December 17, impacted by rising foreign fund outflows, a growing trade deficit, and an increase in gold imports. Analysts suggest the rupee will remain under pressure.
17 December,2024 10:42 AM IST | Mumbai
The Indian rupee dropped by 3 paise to 84.83 against the US dollar on Monday, reflecting the weak performance of domestic equities and rising crude oil prices. Forex traders highlight persistent dollar demand as a key factor in the rupee's decline.
16 December,2024 10:05 AM IST | Mumbai
The Indian rupee appreciated by 5 paise to 84.83 against the US dollar in early Friday trade, following positive domestic inflation data. However, the recovery remains limited due to a stronger US dollar and volatile domestic equity markets.
13 December,2024 09:45 AM IST | Mumbai
The Indian rupee slipped by 2 paise to 84.85 against the US dollar due to foreign fund outflows, rising crude oil prices, and a higher dollar index. The domestic currency's decline comes ahead of key inflation data.
12 December,2024 09:41 AM IST | Mumbai
The Indian rupee weakened by 7 paise to 84.73 against the US dollar in early trade on Monday, driven by foreign fund outflows and subdued domestic equities. Experts predict limited downside for the rupee in the near term.
09 December,2024 10:14 AM IST | Mumbai
The Indian rupee strengthened by 7 paise to 84.64 against the US dollar on Friday morning, bolstered by foreign fund inflows, though muted equity trends capped its gains. Market participants await the Reserve Bank of India's policy decision today.
06 December,2024 10:12 AM IST | Mumbai
The Indian rupee rose by 4 paise to 84.71 against the US dollar in early trade on Thursday, supported by positive domestic equities, despite the strength of the US dollar and rising crude oil prices
05 December,2024 10:11 AM IST | Mumbai
The Indian rupee reached an all-time low of 84.76 against the US dollar in early trade on Tuesday, due to the strong US currency, foreign portfolio outflows, and global political uncertainties. Experts remain cautious ahead of the upcoming RBI monetary policy meeting.
03 December,2024 10:24 AM IST | MumbaiADVERTISEMENT
