RBI seen loosening stranglehold on rupee in 2025
1 day ago · The rupee's 30-day daily realised volatility is at a six-month high and the currency is on course to post its biggest monthly decline in two years having dropped 1.2% so far in December. Last Friday, the rupee dropped to an all-time low of 85.8075 against the U.S. dollar and traded in a 50-paisa range, the widest this year.
Rupee falls 13 paise to all-time closing low of 85.65 against U.S ...
13 hours ago · The rupee depreciated 13 paise to close at a fresh record low of 85.65 (provisional) against the U.S. dollar on Tuesday (December 31, 2024), ending the year with a sharp 3% loss on significant ...
Rupee dips to record closing low, bearish bias tipped to persist in ...
14 hours ago · The rupee closed at 85.6150 to the U.S. dollar, down nearly 0.1% on the last trading day of the year. The unit fell 2.8% in 2024 to post a seventh consecutive annual decline.
Rupee closes at new all-time low - Market News - The Financial …
7 hours ago · In 2024, rupee depreciated by 240 paise or 2.88% as compared to 47 paise or 0.57% in 2023. The rupee closed at fresh low due to broad-based dollar bids and declining Chinese yuan, said forex ...
Indian central bank seen loosening stranglehold on rupee in 2025
1 day ago · The rupee's 40-currency trade-weighted real effective exchange rate (REER) stood at 108.14 in November, indicating the currency was overvalued by around 8%, the Reserve Bank of India's latest ...
Rupee falls 5 paise to 85.53 against U.S. dollar in early trade
1 day ago · The rupee dropped 5 paise to 85.53 against the US dollar in early trade on Monday (December 30, 2024), as dollar demand from importers, foreign fund outflows and a muted trend in domestic equities ...
Rupee Volatility Surge Puts RBI’s Currency Strategy in Focus
1 day ago · The rupee’s one-month implied volatility versus the greenback rose to as much as 4.09% on Monday, the highest since August 2023. This marks a shift from the currency’s recent stability, which ...
Rupee hits record low for sixth straight session as broad dollar ...
MUMBAI, Dec 24 (Reuters) - The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for ...
Indian Rupee Declines Most Since February 2023 - Bloomberg
4 days ago · The Indian rupee fell the most in almost two years as month-end dollar demand by importers weighed on the currency.
Indian rupee may face pressure in 2025 as strong dollar, …
14 hours ago · Higher volatility has pushed the rupee to hit record lows every alternative day. In the last two months, the rupee has depreciated to 85.6200 against the US dollar on December 31, down from 84. ...