Search For "rupee depreciation"
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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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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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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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, 7 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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Russia-Ukraine conflict, crude oil price major factors behind rupee deprec
Updated : 3 years, 7 months ago IST
New Delhi [India], July 18 (ANI): The recent depreciation in the value of the Indian rupee against the US dollar is due to global factors like the Russia-Ukraine conflict, soaring crude oil prices, and tightening of global financial conditions, the government said in the Lok Sabha on Monday.
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US dollar strengthened much more against other currencies versus Indian ru
Updated : 3 years, 8 months ago IST
New Delhi [India], July 16 (ANI): The extent of fall in the value of the Indian rupee versus the US dollar has been lower in 2022 as compared to other major currencies. The US dollar index against six major currencies - Euro, British pound, Japanese yen, Swiss franc, Canadian dollar, and th
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