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Rupee Falls To All-Time Low As Iran War Rages On: Is It All Bad?
Rupee hits record low amid Iran war: A weaker rupee makes imports more expensive. This, in turn, pushes consumers and firms to cut back on foreign purchases and look at domestic options.
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Rupee Hits One-Month Low As Iran Conflict Escalates, Stocks Sink
The rupee weakened 0.3% to 91.2350 against the dollar -- its lowest level since early February.
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Turmoil In Indian Currency Market Amid Confusion Over RBI's New Rule
Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.
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Payment of US $700 Million to Iran Won't Impact Currency Market: RBI
Reserve Bank Deputy Governor HR Khan today said US $700 million will be paid to Iran on the due date as part of oil dues without having any impact on the currency market.
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Rupee Falls To All-Time Low As Iran War Rages On: Is It All Bad?
Rupee hits record low amid Iran war: A weaker rupee makes imports more expensive. This, in turn, pushes consumers and firms to cut back on foreign purchases and look at domestic options.
-
Rupee Hits One-Month Low As Iran Conflict Escalates, Stocks Sink
The rupee weakened 0.3% to 91.2350 against the dollar -- its lowest level since early February.
-
Turmoil In Indian Currency Market Amid Confusion Over RBI's New Rule
Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.
-
Payment of US $700 Million to Iran Won't Impact Currency Market: RBI
Reserve Bank Deputy Governor HR Khan today said US $700 million will be paid to Iran on the due date as part of oil dues without having any impact on the currency market.
