The Indian Rupee only saw a slight depreciation in October, outperforming other global currencies facing sharp declines, according to a Bank of Baroda report. The report attributes the rupee's stability to India’s strategic market positioning and the robust dollar, with geopolitical and inflation factors likely to shape future trends.
05 November,2024 12:21 PM IST | New Delhi
The rupee dropped to a new low of 84.13 against the US dollar on Tuesday, driven by foreign fund outflows, weak domestic equities, and global economic uncertainties surrounding the US election and Federal Reserve's upcoming policy announcement.
05 November,2024 10:25 AM IST | Mumbai
The rupee fell 4 paise to a record low of 84.11 against the US dollar, affected by weak domestic markets and ongoing foreign outflows. Crude price hikes and a softening dollar also played a role.
04 November,2024 04:21 PM IST | Mumbai
Maharashtra polls
A Static Surveillance Team (SST) of the Election Commission and police have seized foreign currency notes worth Rs 10.8 crore from a car in Mumbai, an official said on Thursday
01 November,2024 10:06 AM IST | Mumbai | mid-day online correspondent
The Indian rupee opened on a stable note on Thursday, rising by 1 paisa to 84.07 against the US dollar amid persistent foreign fund outflows and month-end dollar demand. Analysts predict that the rupee will remain within a narrow range as upcoming IPO inflows may provide some relief.
31 October,2024 10:14 AM IST | Mumbai
The Indian rupee depreciated by 4 paise to close at 84.09 against the US dollar, influenced by weak domestic markets and increased dollar demand from importers.
30 October,2024 04:08 PM IST | Mumbai
JP Morgan's report highlights signs of de-dollarisation as energy transactions shift to non-USD currencies. Emerging payment systems could undermine the dollar's global influence, especially amid geopolitical tensions.
30 October,2024 12:55 PM IST | New Delhi
The Indian rupee opened steady but fell by 2 paise to 84.07 against the US dollar in early trade, weighed down by persistent foreign fund outflows and muted domestic equities. Analysts suggest ongoing pressure on the rupee due to these factors.
30 October,2024 10:17 AM IST | Mumbai
The rupee opened on a flat note, trading at 84.08 against the dollar, amid sustained foreign fund outflows and a robust US dollar, with domestic equities showing a weak trend and oil prices slightly easing.
29 October,2024 10:25 AM IST | Mumbai
The Indian rupee experienced modest appreciation against the US dollar in early trading, rising by 1 paisa to 84.07. This comes amid significant foreign fund outflows and fluctuating global market conditions.
28 October,2024 10:26 AM IST | MumbaiADVERTISEMENT
