Rupee tanks to all-time low of 81.67 against US dollar
This is the fourth consecutive session of loss for the domestic currency.
inr
September 2022
August 2022
July 2022
May 2022
March 2022
March 2021
November 2020
June 2018
High ATF prices, weak rupee to drag aviation revival; outlook negative
Elevated ATF prices will impact earnings and liquidity profile of the airlines in the near to medium term, while weaker rupee to dollar will raise input costs.
Rupee hits new all-time low of 79.48 against dollar
RBI on Monday put in place an additional arrangement for invoicing, payment, and settlement of exports and imports in the Indian rupee.
Rupee plunges to record low of 79.37 against US dollar
Nomura expects the Indian rupee to fall to 82 against the dollar by the third quarter of 2022.
Rupee falls to record low of 77.41 against US dollar
The rupee opened at 77.17 against the US dollar at the interbank foreign exchange.
Russia-Ukraine war triggers war against dollar
Two-pronged transformations in the global financial system will result in swifter downfall of the dollar.
Rupee breaches 77 mark against dollar for first time
The Indian rupee tanked 84 paise to close at an all-time low of 77.01 against the US dollar
India to be the third largest economy by 2031: Report
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
India’s foreign exchange reserves at lifetime high
The big question is how much more foreign exchange will the Reserve Bank of India buy, and why?
High crude oil price + weak rupee = Wider CAD
While hoping for no rate action from RBI, Ind-Ra expects a macroeconomic hotchpotch if these factors sustain beyond a quarter.
