Rupee Hits 8-Week Low Of 75.40, Falls 28 Paise Against Dollar
Rupee hit eight-week low mark and fell against the dollarThe rupee on Monday plunged by 28 paise to hit its weakest level in eight weeks at 75.40 against the US…
Rupee Hits Two And A Half Months High As Risk Assets Rally
Rupee rose to a two months high riding mainly on a cautious approach by US Federal ReserveThe rupee rose to its strongest in two-and-a-half months on Monday, after the US…
Rupee Slides Towards Year’s Low On Widening Trade Deficit, Rising Commodity Prices
The RBI has $600 billion of currency reserves to draw on to curb any sharp fall in rupeeAfter months of wild volatility in the rupee, India’s widening trade deficit and…
Rupee Falls 24 Paise To Close At 74.10 Against Dollar
The rupee has fallen against the dollarThe Indian rupee slumped 24 paise to breach the 74 per dollar level on Monday as participants turned risk-averse.At the interbank forex market, the…
Sensex Sheds Around 500 Points From Day’s Highs; Autos, Financials Weak
The benchmark indices have shaved off almost a per cent from the highs of the day due to some profit-booking in the auto and financial stocks in afternoon trading. The…
Rupee Outperforms Asian Peers On Signs That Covid Crisis May Have Peaked
The rupee tumbled to lowest in nine months in April as daily coronavirus cases soared above 300,000The rupee has staged a strong comeback, rebounding to become Asia’s top-performing currency from…