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RUPEE FALL NEWS

Rupee falls 51 paise, ends below 87 against dollar again

February 26, 2025 10:35 pm

With continued capital outflows and rising crude prices, rupee weakness is likely to persist despite intervention by the RBI

Rupee breaches 87-level against dollar, raises worries about rise in imported inflation; all eyes on RBI policy review

February 09, 2025 12:22 pm

The depreciation of the Indian rupee has a dual impact on the economy, presenting both advantages and disadvantages. On the downside, a weaker rupee increases the cost of imports, particularly crude oil, leading to higher production costs and inflationary pressures.

Rupee hits record closing low, forward premiums extend decline

December 04, 2024 4:43 pm

The RBI will deliver its policy decision on Friday, with traders expecting some form of monetary policy easing this week after weak GDP data for the July-September quarter.

Rupee falls 22 paise to close at 82.47 against US dollar

July 06, 2023 4:25 pm

Forex traders said the US dollar gained on safe-haven demand amid risk aversion and rising expectations of a hawkish US Federal Reserve monetary policy in July.

The RBI should desist from launching a defence of the currency. Let rupee find its own level

July 20, 2022 8:08 am

However, the Indian currency isn't alone. Across the world, currencies have fallen against the dollar. In fact, when compared to other currencies, the rupee has fared relatively better.

Hashtag Politics | Why is Modi, vocal during UPA rule, ‘silent’ on Rupee fall now, asks Oppn

July 17, 2022 12:50 pm

Opposition leaders took to social media to slam the Narendra Modi govt over the Rupee’s plunge to record lows against a US dollar, pointing out how the BJP was critical of the previous Congress-led UPA govt over the same issue before coming to power in 2014

IMF estimates 'real' depreciation of rupee as six to seven percent

September 18, 2018 8:15 am

IMF spokesperson Gerry Rice, however, said the currencies of many of India's trading partners, including those in the emerging markets, too have depreciated against the dollar.

Govt will strictly maintain 3.3 per cent fiscal deficit target, says FM Arun Jaitley

September 15, 2018 10:13 pm

Government is confident to have higher growth rate and will meet all capital expenditure targets, the finance minister said.

Rupee weakens 21 paise against dollar to 66.63

May 04, 2016 10:04 am

On Tuesday, the rupee had closed marginally up by 2 paise to 66.42 on selling of the US dollars by banks and exporters amid fall in equity market.

Indian rupee off 1-month lows on suspected Reserve Bank intervention

January 03, 2014 6:26 pm

RBI was seen selling dollars in forex market from 62.50 rupee levels to support the rupee

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