Search Results for "Indian Rupee"
Rupee Crashes to Record Low After RBI Rate Hike Shocker
The Indian rupee plunged to a record low against the U.S. dollar on Wednesday after the Reserve Bank of India unexpectedly raised its benchmark interest rate by 25 basis points. The central bank's mov…
Rupee Plummets Near 96 as Oil Tops $100, Foreign Selling Accelerates
The Indian rupee opened weaker against the US dollar, hovering near 96, driven by crude oil prices above $100 per barrel and persistent foreign investor selling. The Reserve Bank of India is interveni…
Rupee Plunges 16 Paise to 96.13 Against US Dollar as Oil and Yields Bite
The Indian rupee weakened by 16 paise to 96.13 against the US dollar in early trade on Monday, pressured by firm oil prices and rising US nominal and real yields. Forex traders said the combination is…