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  • Need To Be Vigilant Over Rupee: Member Of PM's Economic Advisory Panel
    Prime Minister Narendra Modi is set to meet officials on Saturday to decide ways to address the currency's weakness and rising fuel prices, though it was unclear whether the panel or any of its members would attend.
  • Rupee Weakens Sharply Against US Dollar: 10 Things To Know
    The rupee erased all gains against the US dollar and weakened sharply to 71.99 on Friday, reported news agency Reuters. According to dealers, the depreciation in Indian currency came after sustained dollar demand from oil importers pushed the unit below a strong resistance level. The rupee was trading at 71.94 to the dollar, after touching 71.52, its strongest since September 5 and compared with its previous close of 72.19. Meanwhile, government assured that all steps would be taken to ensure the domestic currency does not depreciate to unreasonable levels.
  • 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.
  • Rupee Hits New Lifetime Low Of 72.73 Against US Dollar
    INR Vs USD: The rupee hit a new record low of 72.73 in late afternoon trade on Tuesday.
  • Rupee Edges Higher Against Dollar, But Still Below 72 Mark
    The rupee (INR) rose as much as 15 paise against the US dollar in early trade on Tuesday. The rupee touched 72.30 against the greenback at its peak in the first half of the session, as against Monday's close of 72.75 - an all-time closing low. Increased selling of the American currency by banks and exports along with weakness in the dollar overseas provided support to the rupee, say analysts. The rupee dipped below the 72 mark earlier this month, amid a fresh bout of weakness in emerging market currencies and on current account deficit concerns due to soaring crude oil prices.
  • Rupee Opens 15 Paise Higher Against US Dollar
    Dollar's weakness against some currencies overseas including the euro also supported the rupee, dealers said.
  • Intervene Aggressively To Check Rupee Fall, Government Told RBI: Report
    The government has asked the central bank to bolster efforts to support the rupee, Asia's worst-performing currency of the past month, people familiar with the matter said.
  • Rupee Registers All-Time Closing Low Of 72.45 Against Dollar
    INR Vs USD: The rupee declined 1 per cent on Monday, compared to its previous close of 71.73.Monday's fall took the depreciation in the rupee against the greenback to more than 13 per cent so far this year. That also cemented the rupee's position as Asia's worst-performing currency.
  • Sustained Rupee Fall Credit Negative For Indian Firms: Moody's
    The American credit rating agency's report on the weakening rupee was published on the day the Indian currency touched a new low of 72.67 on Monday.
  • Rupee Dives To New Lifetime Low Of 72.67 Against US Dollar: 10 Points
    The rupee collapsed to hit a new low of 72.67 against the US dollar today, reported news agency Press Trust of India (PTI). The fall in the rupee is due to widening trade deficit and strong demand for the US currency from importers as the greenback strengthened against other currencies overseas on upbeat US jobs data, forex dealers were quoted as saying in a report by PTI. The domestic currency opened at record low of 72.15 a dollar from its previous close of 71.73. It breached its previous record low of 72.11 hit on September 6.
  • Rupee Closes At 71.73 Against Dollar, Breaks 7-Day Losing Streak
    Despite Friday's mild gain, the rupee finished the week XX paise lower against the American currency.

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