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The rupee fared worse on the day and week compared to regional peers, including the offshore Chinese yuan, which is up 0.6% week-on-week while the rupee is on course for a decline of more than 0.2%.
The Sri Lankan rupee has turned into Asia’s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and ...
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Rupee to gain modestly, lag most Asian peers despite strong GDP growth: Reuters poll - MSNAs of Wednesday, the rupee was down roughly 0.3% for the year against the greenback, while regional peers such as the Korean won, Thai baht, Malaysian ringgit and Philippine peso all gained over 4%.
The Indian rupee will erase nearly all of the gains it has made against the U.S. dollar in the last two months and tumble back toward an historic low over the next 12 months, according to a ...
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Rupee to drop on potential equity outflows, test key support - MSNBy Nimesh Vora MUMBAI (Reuters) -The Indian rupee is likely to open weaker on Wednesday, weighed down by equity outflows and corporate dollar demand for hedging and payment needs. The 1-month non ...
Rupee closes at 85.71 against US dollar, its worst day since February 2023, after hitting a low of 85.7625 during session For a better experience, Read this story in our App SENSEX 81,330.56 ...
Modi’s Push to Take Indian Rupee Global Gets Off to a Slow Start Rupee struggles to make inroads in global FX transactions Internationalisation is a process, not a target: RBI’s Das ...
Top Wall Street bank pitches options play to ride potential Indian rupee rally to 83 - Yahoo Finance
MUMBAI (Reuters) -Goldman Sachs' sales and trading desk is recommending an options play on the Indian rupee that will pay off if the South Asian currency rallies to 83 per U.S. dollar over the ...
MUMBAI: The rupee fell to a record low of 84.73 against the dollar on Monday, weakening 0.2% for its worst single-day decline since June 4. It touched an intraday low of 84.73 before closing at 84 ...
The Indian rupee's current rate of INR23.40 per dirham presents a favorable opportunity for remittances. However, given the potential for market volatility, a cautious approach—such as splitting ...
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
The rupee has depreciated by 0.86% — or Rs2.43/USD — during the first eight months of FY24-25, according to State Bank of Pakistan data. The local currency was trading at Rs280.77/USD on ...
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