Rupee

The rupee hit a new record low of 83.08 against a resurgent dollar early on Thursday, after breaching the 83-mark for the first time ever in the previous session as investor concerns about an impending recession reduced risk appetite.…
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The rupee will trade near its historic low in the coming three months, despite a recent recovery, based on a widening trade deficit and global flows into safe-haven US dollars, a Reuters poll of foreign exchange strategists found. After a…
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The rupee hit another new all-time low beyond 80 per dollar early on Thursday, tracking a reversal in the dollar and the recent bounce in Asian equities runs out of steam. Investors remained on edge, driven by looming central bank meetings…
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The rupee tumbled on Friday to a new all-time low of 77.93 against the dollar with expectations of aggressive tightening from the US Federal Reserve after data showed inflation jumped to a more than four-decade high. “A phrase starting to…
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