Dollar

India's central bank may need to change the way it seeks to slow the rupee's decline, analysts and traders say, with its current method of intervention in the forwards market now only accelerating the currency's fall. The rupee has hit a…

Companies with US dollar loans on their balance sheets and importers are rushing to cover unhedged foreign currency exposures after the Federal Reserve's latest resolve to restrain inflation stoked concerns of continued fund outflows…

MUMBAI: Unabated foreign fund selling in the domestic market and the strength of the dollar against some major currencies took a heavy toll on the rupee on Wednesday. The Indian currencyweakened to a record intraday low of 78.39 to the…

Concept by Muhabit ul haqSynopsisOn June 13, the rupee fell below 78.29 to a dollar — a fresh all-time low. The INR78-level breach indicates more pain ahead. Better forex reserves and rising tax collections may provide a cushion. But all…