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  • Forex Markets Closed Today: Key Things To Know
    INR Vs USD: The Finance Ministry said the government and RBI 'will do everything' to ensure that rupee does not slide to 'unreasonable levels'.
  • Rupee Registers Biggest Single-Day Gain Since May 25: 10 Things To Know
    Suspected intervention by the Reserve Bank of India and weakness in the dollar overseas led to a rebound in the currency, say analysts. The Finance Ministry said the government and the central bank "will do everything" to ensure that rupee does not slide to "unreasonable levels". However, the rupee is still down more than 13 per cent against the US dollar so far this year, cementing its position as the worst performing Asian currency.
  • Rupee Recovers To 71.86 After Hitting New Lifetime Low Against Dollar: 10 Points
    The domestic currency traded in a wide range on Wednesday. The rupee rose as much as 84 paise against the dollar in intraday trade, after sinking to a fresh all-time low of 72.91. Suspected intervention by the Reserve Bank of India (RBI) to contain rupee depreciation supported the currency against the greenback, according to news agency Press Trust of India. The Finance Ministry said that the government and the Reserve Bank of India will do "everything" to ensure that the rupee does not depreciate to "unreasonable levels".
  • As Rupee Dives To Record Low, How RBI May Tackle Crisis
    Pressure is mounting on Reserve Bank of India to take stronger action to stem rupee's slide.
  • Rupee Extends Losses To Second Day, At New All-Time Closing Low Against Dollar
    The rupee gained some ground against the greenback earlier on Tuesday but reversed those advances to touch a fresh life-time low of 72.75, before settling at 72.70 for the day. That took the overall depreciation in the rupee to 14 per cent so far this year.

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