Search For "depreciation"
Rupee breaches 81 mark for a new lifetime low
Updated : 3 years, 5 months ago IST
New Delhi [India], September 23 (ANI): Rupee tasted yet another lifetime low on Friday morning after the US dollar index strengthened to a two-decade high this week, on hopes that demand for safe-haven currency such as the dollar would pick up.
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Indian stocks fall on US Fed's rate hike move; Rupee depreciates to new lo
Updated : 3 years, 5 months ago IST
New Delhi [India], September 22 (ANI): Indian stocks declined, though marginally, on Thursday morning in line with weak global cues, following yet another policy rates hike by the US Federal Reserve in its fight against high inflation.
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Rupee recovers substantially a day after hitting record low
Updated : 3 years, 6 months ago IST
New Delhi [India], August 30 (ANI): Indian currency rupee recovered from Monday's sharp depreciation and fell from its new all-time low as the Reserve Bank of India likely stepped in to defend the fall.
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India urges its nationals in Sri Lanka to exercise caution, examine curren
Updated : 3 years, 6 months ago IST
New Delhi [India], August 25 (ANI): At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation in the island nation car
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Pakistan's debt reaches new high, jumps to almost PKR 60 trillion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 16 (ANI): Due to huge currency depreciation and faulty policies of the Shehbaz Sharif-led Pakistan government, the country's debt jumps to a record high of Pakistani Rupee (PKR) 60 trillion.
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Rupee depreciation more because of US dollar strength than weakness in fun
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Re
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Indian stocks decline marginally after 5 straight day of gains
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI): Snapping five straight days of gains, Indian stock indices declined marginally this morning ahead of the Reserve Bank of India's monetary policy meeting.
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Rupee largely steady on elevated risk appetite in domestic markets
Updated : 3 years, 7 months ago IST
New Delhi [India], July 25 (ANI): After touching an all-time low and psychologically crucial level of 80 per US dollar last week, the Indian currency rupee traded largely steady on Monday.
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Erasing 6-day gains, Indian stock indices start fresh week with minor loss
Updated : 3 years, 7 months ago IST
New Delhi [India], July 25 (ANI): After six consecutive sessions of the rally, Indian stock indices took a breather on Monday morning. It traded marginally low in early trade largely due to profit booking.
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Will engage with forex market, ensure rupee trades in line with fundamenta
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): The Reserve Bank of India will continue to engage with the foreign exchange market and ensure that the rupee finds its level in line with its fundamentals, said Governor Shaktikanta Das.
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Indian stock indices steady after four consecutive session gains
Updated : 3 years, 7 months ago IST
New Delhi [India], July 21 (ANI): Snapping fourth straight session gains, Indian stock indices were largely steady in early trade on Thursday. The latest decline in crude oil prices coupled with signs of domestic inflation plateauing has somewhat lent support to the domestic indices in the p
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Rupee hits all-time low of 80 against US dollar, subdues Indian stock indi
Updated : 3 years, 8 months ago IST
New Delhi [India], July 19 (ANI): After two consecutive days of gains, Indian stock indices declined marginally in early trade on Tuesday, weighed down by a consistent depreciation of the rupee.
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