Search For "depreciation"
Chidambaram suggests PM to meet top economists to manage rupee depreciatio
Updated : 3 years, 4 months ago IST
New Delhi [India], October 21 (ANI): Veteran Congress leader and former finance minister P Chidambaram has a suggestion for Prime Minister Narendra Modi against what he termed as the "relentless decline" in the value of the Rupee.
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Indian stocks extend gains to sixth straight day; Rupee retreats from reco
Updated : 3 years, 4 months ago IST
New Delhi [India], October 21 (ANI): Indian stock indices extended their gains for the sixth straight session on Friday, led by strength in banking and financial stocks coupled with good second-quarter corporate earnings.
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Rupee still stronger in comparison to other currencies, says analyst Sunil
Updated : 3 years, 4 months ago IST
New Delhi [India], October 20 (ANI): Market analyst Sunil Shah on Thursday said even though the rupee as a currency has weakened in comparison to the US dollar, but it is still "far stronger" than other currencies.
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Rupee dives to all-time low versus dollar
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra)[India], October 10 (ANI): The Rupee on Monday dropped to a fresh record low against the US dollar, with an increased sell-off resulting from the good US jobs report which hints at more aggressive hikes from US Federal Reserve. The local currency declined 37 paise, to a r
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Rupee depreciates 38 paise to 81.78 against dollar
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): On Monday, rupee was trading at 81.78 against US dollar in early trade, tracking a muted trend in domestic equities. The domestic unit depreciated 38 paise against the dollar in morning trade. On Friday, the local currency settled at 81.36 again
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Better for RBI to allow rupee to depreciate a bit, finding its natural bal
Updated : 3 years, 5 months ago IST
New Delhi [India], September 28 (ANI): It might be better for the Reserve Bank of India (RBI) to allow the rupee to depreciate a bit, letting it find its natural balance, said Soumya Kanti Ghosh in an SBI research report.
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Rupee depreciates to new lifetime low; stocks decline for sixth day
Updated : 3 years, 5 months ago IST
New Delhi [India], September 28 (ANI): Continuing with the consistent depreciation, the rupee slipped further from the recent low and hit another lifetime low on Wednesday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade high,
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Despite IMF loans, Pakistani rupee continues to fall
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 27 (ANI): Despite the inflow of International Monetary Fund (IMF) loans, Pakistan's currency continues to fall.
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Slump in Indian stocks continues over monetary policy tightening risks
Updated : 3 years, 5 months ago IST
New Delhi [India], September 26 (ANI): Indian stocks extended their losses from the previous week and declined further on Monday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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No let-up in Rupee depreciation; touches another lifetime low
Updated : 3 years, 5 months ago IST
New Delhi [India], September 26 (ANI): Continuing with the depreciation, Rupee slipped further from the past week's low and hit another lifetime low on Monday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade, on hopes that dem
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Much of Rupee's weakness linked to strong US dollar index: SBI Research
Updated : 3 years, 5 months ago IST
New Delhi [India], September 25 (ANI): Much of the weakness in the rupee is on account of a strong US dollar index and not just because of India's domestic economic fundamentals, said SBI Research in its latest report.
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Indian stocks slump on global monetary policy tightening; Rupee at new low
Updated : 3 years, 5 months ago IST
New Delhi [India], September 23 (ANI): Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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