rupee fall

Indian rupee may further depreciate to 82 to a dollar in the near term due to widening of trade deficit and expected aggressive rate hike by the US Fed later this week to tame record high inflation, economists said. There is widespread…

Prices of Californian almonds, Washington apples, imported cherries, kiwis and berries have shot up by up to 15% due to the rupee depreciation, thereby hurting domestic demand that had gone up after the second wave of Covid-19. Prices of…

The rupee has dropped nearly 7% against the US dollar in the year to date, falling to a low of Rs 79.96 to a dollar last week and even breaching the psychological 80-mark in the over-the-counter and derivatives markets. Nomura expects…

MUMBAI: The rupee declined by 9 paise to settle at a new record low of 79.90 against the US currency on Thursday due to a firm US dollar in overseas markets and capital outflows. A decline in crude oil prices in the international…

MUMBAI: The rupee weakened in opening trade on Thursday to hit record lows against the greenback for a fourth straight session after data showed US inflation, already at four-decade highs, accelerated even further. The dollar resumed…

Devina Mehra of First Global said rupee depreciation is the biggest risk for the stock market in 2022. While prices of most commodities have eased a bit, she expects oil prices to stay range-bound for some time, going ahead. India is one…

Reserve Bank of India (RBI) on Wednesday raised overseas borrowing limits for companies and liberalised norms for foreign investments in government bonds as it announced a slew of measures to boost foreign exchange inflows in efforts to…

MUMBAI: The rupee fell by 41 paise to close at a fresh lifetime low of 79.36 (provisional) against the US dollar on Tuesday amid a strong greenback overseas and unrelenting foreign fund outflows. At the interbank forex market, the local…

NEW DELHI: Amid the rupee declining against the US dollar, Finance Minister Nirmala Sitharaman on Thursday said the Indian currency is relatively better placed than other global currencies against the greenback. Emerging market…