Rupee Falls 16 Paise To 81.96 After A Sharp Rebound In The Dollar

Rupee Today: Rupee weakens significantly against the dollar in early trade The rupee weakened in early trade on Tuesday as the dollar strengthened overnight after data showed services activity in the US picked up unexpectedly, offsetting the optimism surrounding China’s easing of its zero-COVID policy. Bloomberg showed the rupee was last changing hands at 81.9625 […]

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Rupee Nearly Flat At 81.25 Even As Dollar Languishes Near A 16-Week Low

Rupee Today: Rupee nearly flat on Friday The rupee reversed some of the gains from earlier in the session on Friday to close nearly flat against a dollar languishing near 16-week lows as investors eye the much-awaited US jobs data later in the day for clues on the peak in US interest rates. Bloomberg showed […]

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Rupee Collapses To A Record Low For Third Straight Session, Reflecting A Wider Currency Crisis

Rupee closes at its weakest level of 81.57 per dollar The rupee collapsed to a new all-time low on Monday, marking its weakest close for the third straight session, as the dollar charged ahead, leaving behind a slew of currencies at lifetime or multi-year lows driven by fears that aggressive policy tightening by major central […]

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Rupee Hits All-Time Low As Major Currencies Crack Against Dollar

The rupee hit a new record low against the dollar, plunging well past 81.50 per dollar on Monday as the greenback rose sharply to multi-year highs against most major currencies on fears of a global recession from the rising borrowing rates worldwide. Bloomberg quoted the rupee last changing hands at 81.5038 per dollar, after opening […]

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Rupee Closes At Its Weakest Ever After Hitting A New All-Time Low Of Over 81 Per Dollar

Rupee Today: Rupee closes touch below 81 per dollar The rupee breached 81 per dollar for the first time ever on Friday before recovering to under that level as the Reserve Bank of India intervened but still ended the day at its weakest level as the dollar powered ahead to a new 20-year high. Bloomberg […]

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Rupee Crashes To New Record Low, 81 Per Dollar In Sight

Rupee Today: The domestic currency crashed to a record low of 80.86 per dollar The rupee crashed to a new record low against a rampant greenback on Thursday, with 81 per dollar now just a hop, skip and jump away, driven by a deep rout in global risk assets after the Federal Reserve warned aggressive […]

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