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Rupee At Rs 95? What's Driving The Drop And Why The RBI May Not Hold The Line
Unlike countries that peg their currency (like the UAE) or let markets freely determine exchange rates (like the U.S. or EU), India traditionally walks a middle path, with the RBI intervening to curb sharp fluctuations.
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Rupee Crosses 90-Mark Against US Dollar: Impact On Markets, Students Abroad
The fall came amid weak trade and portfolio flows, persistent importer demand, and uncertainty surrounding the India-US trade deal.
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Rupee Falls To Record Low, Crosses 90 Against The Dollar For First Time
The Indian rupee fell sharply on Wednesday, slipping past the crucial 90-per-dollar level for the first time ever.
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Rupee Falls 10 Paise To Close At All-Time Low Of 88.19 Against US Dollar
The rupee depreciated 10 paise to close at an all-time low of 88.19 (provisional) against the US dollar amid Indo-US trade deal uncertainties and higher dollar demand from importers.
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Rupee Settles 19 Paise Higher At 87.00 Against US Dollar
The rupee appreciated by 19 paise to close at 87.00 (provisional) against the US dollar on Wednesday on sharp pullback in domestic equities, a weak American currency and a decline in crude oil prices.
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Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
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Rupee May Dip To All-Time Low On Fed Outlook-Spurred Dollar Rally
The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter.
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Rupee Settles On Flat Note, Up 1 Paisa At 84.90 Against US Dollar
The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets.
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Rupee Weakens To All-Time Low Of 84.38 Against US Dollar
The rupee slipped 1 paisa to an all-time low of 84.38 against the US dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.
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Rupee Rises 5 Paise To Rs 83.46 Against US Dollar
The rupee appreciated 5 paise to settle at 83.46 against the US dollar on Wednesday as weakness in the greenback against major crosses overseas supported the local unit.
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Video: As Rupee Dives To Record Low, Finance Minister Nirmala Sitharaman's Explanation
Finance Minister Nirmala Sitharaman today said that the rupee has performed much better than other emerging market currencies. The minister's statement comes days after the rupee fell to an all-time low of 82.69.
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Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
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Finance Minister Nirmala Sitharaman's Defence As Rupee At Record Low
Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" when compared to other currencies against the US Dollar.
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Rahul Gandhi Slams Centre's "Jumlas" As Rupee Falls To All-Time Low
Congress leader Rahul Gandhi attacked Prime Minister Narendra Modi over the rupee almost touching the Rs 80-mark against the US dollar and urged the government to stop the "politics of jumlas" and immediately reform its economic policies.
-
Rupee At Rs 95? What's Driving The Drop And Why The RBI May Not Hold The Line
Unlike countries that peg their currency (like the UAE) or let markets freely determine exchange rates (like the U.S. or EU), India traditionally walks a middle path, with the RBI intervening to curb sharp fluctuations.
-
Rupee Crosses 90-Mark Against US Dollar: Impact On Markets, Students Abroad
The fall came amid weak trade and portfolio flows, persistent importer demand, and uncertainty surrounding the India-US trade deal.
-
Rupee Falls To Record Low, Crosses 90 Against The Dollar For First Time
The Indian rupee fell sharply on Wednesday, slipping past the crucial 90-per-dollar level for the first time ever.
-
Rupee Falls 10 Paise To Close At All-Time Low Of 88.19 Against US Dollar
The rupee depreciated 10 paise to close at an all-time low of 88.19 (provisional) against the US dollar amid Indo-US trade deal uncertainties and higher dollar demand from importers.
-
Rupee Settles 19 Paise Higher At 87.00 Against US Dollar
The rupee appreciated by 19 paise to close at 87.00 (provisional) against the US dollar on Wednesday on sharp pullback in domestic equities, a weak American currency and a decline in crude oil prices.
-
Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
-
Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
-
Rupee May Dip To All-Time Low On Fed Outlook-Spurred Dollar Rally
The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter.
-
Rupee Settles On Flat Note, Up 1 Paisa At 84.90 Against US Dollar
The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets.
-
Rupee Weakens To All-Time Low Of 84.38 Against US Dollar
The rupee slipped 1 paisa to an all-time low of 84.38 against the US dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.
-
Rupee Rises 5 Paise To Rs 83.46 Against US Dollar
The rupee appreciated 5 paise to settle at 83.46 against the US dollar on Wednesday as weakness in the greenback against major crosses overseas supported the local unit.
-
Video: As Rupee Dives To Record Low, Finance Minister Nirmala Sitharaman's Explanation
Finance Minister Nirmala Sitharaman today said that the rupee has performed much better than other emerging market currencies. The minister's statement comes days after the rupee fell to an all-time low of 82.69.
-
Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
-
Finance Minister Nirmala Sitharaman's Defence As Rupee At Record Low
Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" when compared to other currencies against the US Dollar.
-
Rahul Gandhi Slams Centre's "Jumlas" As Rupee Falls To All-Time Low
Congress leader Rahul Gandhi attacked Prime Minister Narendra Modi over the rupee almost touching the Rs 80-mark against the US dollar and urged the government to stop the "politics of jumlas" and immediately reform its economic policies.
