Rupee Hits Fresh All-Time Low Of 85.80: Why Is Indian Currency Falling Against Dollar?
The rupee fell to its fresh all-time low level on Friday on the back of dollar buying related to the expiry of the December ...
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Explained | Why rupee is in a free fall against the US Dollar
Several factors are driving this decline. Firstly, the US Dollar has strengthened, supported by expectations around the ...
Rupee breaches 85.70 against US dollar, sees steepest single-day loss since February 2023
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading a tad higher at 108.1 ...
Nifty hovers above 23,800; European shares trade mixed
IST, the barometer index, the S&P BSE Sensex, was advanced 341.54 points or 0.44% to 78,814.02. The Nifty 50 index added 90.10 points or 0.38% to 23,840.30.
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9th consecutive decline! Indian rupee hits record low of ₹85.73/dollar
A Prasanna, head of research at ICICI Securities Primary Dealership, suggested the rupee should be allowed to move in line ...