Rupee hits record low against dollar due to strong demand, U.S. economy outperformance, and expectations of fewer rate cuts.
Dollar gains against most currencies in 2024, rupee hits record low against US dollar, influenced by various factors.
On Thursday, the local unit depreciated 11 paise to close at a record low of 85.75 against the American currency ...
Rupee weakens against US dollar due to strong American currency, market focus on Trump's policies, and record low closing.
The Indian rupee depreciated by 9 paise to close at 85.73 against the US dollar on Thursday, driven by strong dollar demand ...
The rupee dropped 11 paise to 85.75 against the US dollar in early trade on Thursday, weighed down by the significant uptrend ...
The Indian rupee weakened by 11 paise, reaching 85.75 against the US dollar in early trade, as the dollar index remained ...
The rupee depreciated 9 paise to close at 85.73 (provisional) against the US dollar on Thursday, as strong dollar demand from importers and foreign fund outflows dented investor sentiments. Forex trad ...
The rupee traded flat in early trade of January 3 after opening 4 paise down due to dollar demand and foreign fund outflows from equities. The Indian currency opened at 85.7988 to the dollar against ...
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows ...