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Monday, May 16, 2022

Falling Rupee

FALLING RUPEE NEWS

Rupee drops to 75.78 against USD on FPI outflow, carry trade unwinding

December 11, 2021 1:15 am

🔴 The currency pared some of the losses in the closing session to end at 75.78, its lowest closing level since June 22, 2020. The domestic currency lost 66 paise or 0.88 per cent against the dollar during the week.

Rupee tumbles 37 paise to 74.89 against US dollar

November 27, 2021 4:37 am

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.34 per cent down at 96.44.

Rupee tanks 36 paise to all-time low of 76.80 against US dollar in early trade

April 16, 2020 11:54 am

The rupee opened weak at 76.75 at the interbank forex market and then fell further to hit an all-time low of 76.80, down 36 paise over its last close.

Let it fall

April 10, 2020 9:32 am

RBI should let the rupee slide. It will aid export growth when global trade picks up.

Rupee crashes to over 8-month low of 71.81 against US dollar

August 22, 2019 6:13 pm

At the interbank foreign exchange, the Indian currency opened weaker at 71.65 a dollar and went on to touch the day's lowest level at 71.97. It finally settled at 71.81, down 26 paise against the American currency.

Pakistan's rupee keeps sliding after IMF loan accord reached

May 17, 2019 1:17 pm

The rupee, which lost 3.6 percent on Thursday to close at 146.2 against the U.S. dollar in the interbank market, dropped further on Friday, dealers said, selling at 149.50 in the interbank market and 150 in the open market.

Call the bond bluff

October 15, 2018 11:56 am

Government and RBI should pay little attention to the demand of bond vigilantes to hike rates

Not just Rupee, global currencies weakening against Dollar: Arun Jaitley

October 06, 2018 6:01 pm

Stating that there are some more steps on the anvil to narrow the CAD and bolster forex inflows, Finance Minister Arun Jaitley said the government has already adopted some steps and some more measures are likely to be taken.

Reasons for fall in Rupee not domestic but global, no need to panic: Arun Jaitley

September 05, 2018 10:27 pm

"The Rupee has either consistently strengthened or remained in a rage, not weakened. Most of the other currencies of the world,compared to what it was 4-5 yrs ago, Rupee is better off," he said.

Market turmoil: Sensex plunges 306 points; rupee nears 18-month low

May 24, 2018 1:18 am

Yield on 10-year government bond maturing in 2028 shoots up to 7.85 per cent.

FALLING RUPEE VIDEOS

Bharat bandh: Protest turns violent in some states, politicians blame each other

June 22, 2020 6:16 pm

Led by the Congress party, a united Opposition called for a Bharat Bandh on Monday over rising fuel prices and falling value of the rupee. The protest turned violent in some states, causing damage to public property. While Congress President Rahul Ga

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