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Dollar rebound and persistent outflows to keep rupee under pressure
MUMBAI, Nov 22 (Reuters) - The
Indian
rupee
is expected to stay on the back foot on Friday, pressured by a rebound in the dollar amid uncertainty about the pace of rate cuts in the United States, while persistent portfolio outflows also remain a worry for ...
Rupee weakens to record low pressured by foreign portfolio outflows
The Indian rupee declined to its weakest level on record on Thursday due to outflows from local stocks, which were dragged by a slump in Adani group shares, while
Rupee falls 8 paise to hit fresh low of 84.50 against US dollar
The US dollar strengthened due to safe-haven appeal amid escalating tension between Russia and Ukraine, while the continuous outflow of foreign funds also put pressure on the domestic unit
Rupee hits record low hurt by weak local equities, buoyant dollar
The Indian rupee weakened to its all-time low on Thursday, pressured by likely foreign outflows from local stocks and renewed strength in the dollar as investors tempered hopes of aggressive rate cuts by the U.
Indian Rupee hits record low over Dollar rally, equity outflows
The Indian Rupee hit a historic low today, largely owing to the US Dollar's rally and expected outflows from domestic equities. The INR fell to an all-time low of 84.4125 against USD before settling at 84.3925, the same as its closing number in the previous session. This is the fifth straight session that the currency has hit record lows.
Rupee falls to new low against dollar on foreign fund outflows
MUMBAI: The rupee sank to an all-time low of 84.50 against US dollar on Thursday, declining 0.1% during the session and 1.5% this year. The currency's weakness was primarily driven by foreign fund outflows from Indian markets and heightened risk aversion linked to escalating geopolitical tensions,
1d
on MSN
Indian exports not adversely impacted by rupee exchange rate policy, cenbank says
The Reserve Bank of India's approach to managing the rupee's exchange rate has not had an adverse impact on the global ...
ndtvprofit
23h
Rupee Hits Record Low Against Dollar
The Indian rupee opened flat against the US dollar on Thursday as Reserve Bank of India continued intervention. The local ...
Khaleej Times on MSN
22h
Indian rupee hits new all-time low against UAE dirham
Likely intervention by the Reserve Bank of India helped the currency limit its losses, with traders citing strong dollar ...
1d
USD/INR drifts higher as geopolitical risks, foreign fund outflows weigh on Indian Rupee
"Mild weakness in the dollar will not lead to any major appreciation in the rupee because the RBI will look to replenish its ...
ndtvprofit
2d
Rupee Closes At Record Low Against US Dollar
The Indian rupee opened flat against the US dollar on Tuesday amid foreign fund outflows and RBI intervention. The local ...
6h
Stock Market: Market Ends Deep In The Red As Adani Stocks Tumble; Rupee Hits Record Low
Indian benchmark indices closed lower on November 21, with the Nifty slipping below 23,400 and the Sensex dropping 460 points ...
10h
on MSN
Strong US dollar, domestic sell-off push rupee to all time low of 84.50
Global investors search for a safe haven amid rising geopolitical uncertainty in Ukraine. The domestic sell-off was fueled by ...
2d
on MSN
Rupee declines to record low, RBI intervention helps limit losses
The Indian rupee fell to a record low against the US dollar. The Reserve Bank of India intervened to support the currency.
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