Rupee breaches 90-mark for first time: Currency hits all-time low of 90.21 against dollar; FIIs outflow and crude weigh on sentiment

The rupee plunged to a historic low on Wednesday, slipping past the 90-per-dollar threshold for the first time amid foreign fund outflows, firm crude oil prices and uncertainty around the India–US trade deal, according to PTI. The lack of visible RBI intervention through most of the session added to market pressure, forex traders said.At the […]

RBI’s Limited Forex Intervention Sparks Policy Surprise Speculation as Rupee Slips Past 90 | Udaipur Kiran

Mumbai, December 3 (Udaipur Kiran): As the Indian rupee slipped to a fresh record low and crossed the psychological 90-mark against the US dollar, the Reserve Bank of India (RBI) was seen largely absent from the spot forex market, with only limited intervention at select levels. According to market sources, the central bank may have […]

Jairam Ramesh Slams Centre Over Sharp Decline in Rupee | Udaipur Kiran

New Delhi, 24 November (Udaipur Kiran): Congress general secretary Jairam Ramesh on Sunday criticised the Centre over the continuous fall of the Indian rupee against the US dollar. In a post on X, he said the rupee was in a “free fall” and was now nearing the Rs 90 per dollar mark. Ramesh wrote that […]

Rupee Hits Record Low Against Dollar, Falls to 88.69 | Udaipur Kiran

New Delhi, September 23 (Udaipur Kiran News): The Indian rupee slipped to its all-time low against the US dollar on Monday amid persistent foreign investor outflows and protectionist measures by the United States. At 11:30 am, the rupee was trading at 88.69 per dollar, down 38 paise from the previous close of 88.31. During intra-day […]