Rupee News
INR vs USD: Why is Indian rupee falling despite dropping US dollar rates?
INR vs USD: The US dollar index slipped to multi-month lows of around 101 level from a three-month high of 106 as investors ratcheted up bets for an aggressive US Fed rate cut
2 min read14 Sep 2024INR vs USD: Rupee underperforms Asian peers against the sinking US dollar. Here’s why
The dollar index - which measures the currency against a basket of six major peers, including the euro, sterling, yen and Swiss franc - languished at 100.69, just off the 13-month low of 100.60 reached at the end of last week.
3 min read26 Aug 2024Rupee recovers slightly from record low, opens 2 paise higher at 83.94 per dollar ahead of RBI policy
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was down at 103.06.
1 min read8 Aug 2024Rupee ends at record low of 83.84 against the US dollar
Rupee ended at its all-time low of 83.8450 a dollar, down 0.1% from its previous close of 83.8025.
2 min read5 Aug 2024Indian 10-year bond yield hits 28-month low, rupee edges higher after US Fed hints rate cut in September
The drop in Indian bond yields followed the overnight fall in US Treasury yields, with the 10-year US bond yield slipping to 4.03%, its lowest level in six months after Fed Chair Jerome Powell said that a “rate cut could be on the table” at the September meeting, citing easing price pressures.
2 min read1 Aug 2024Will the Indian rupee find stability this week after dropping to an all-time low?
On Friday, the rupee hit an all-time low of 83.72 against the dollar, nearing the 84 mark. Traders anticipate that the rupee could weaken further, potentially reaching new record lows this week.
2 min read29 Jul 2024Rupee falls to record low against US dollar; weakens past 83.60/$
Rupee fell to its all-time low of 83.62 against the US dollar. The local currency had closed at 83.4550 in the previous session.
1 min read20 Jun 2024Indian rupee, bonds expected to rally after exit polls signal Modi victory
INDIA-WEEKAHEAD/MARKETS:WEEKAHEAD -Indian rupee, bonds expected to rally after exit polls signal Modi victory
2 min read3 Jun 2024Bullish Case for Indian Rupee Dented by RBI’s Intervention Fears
Hopes are running high that India’s rupee will stage a rebound as foreign inflows quicken. But analysts warn the central bank is likely to limit the gains.
2 min read13 May 2024How the rupee’s fall can impact the economy and what RBI can do about it
The rupee continues to get weaker against the US dollar, which is bad news as India remains a net importer
2 min read17 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared