Tag: Indian rupee
Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?
Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically...
Uday Kotak urges Indian firms to step up as rupee crosses 90 and foreign investors dominate markets
As the rupee weakens towards Rs 90 per dollar, Uday Kotak, Founder & Director of Kotak Mahindra Bank has...
RBI plays onshore and offshore to help rupee have a good day
Mumbai: The Indian rupee posted its biggest one-day gain in a month on Monday, as likely central bank interventions...
Weekly Rupee view: Rupee hovers near a crucial support
A break below 88.85 will increase the danger of the rupee declining towards 89.40-89.50 in the short term
The...
Net FDI turns negative in August as outflows, FPI selling rise
Gross foreign direct investment (FDI) into India fell to $6.0 billion in August after surging to over a four-year...
Weekly Rupee View: Dollar weakness could drive rupee
The rupee marked a record low of 88.46 last week against the dollar. However, since the beginning of...
Weekly Rupee View: Tariff worries and foreign outflows drag rupee
The rupee touched an intraday low of 87.89 on Tuesday against the dollar before ending the session...