Indian Rupee Hedging Costs Highest Since 2022 on Bearish Bets
20 hours ago · The cost to hedge foreign-exchange risk in Indian assets rose to the highest in more than two years as bets mount that authorities are easing their iron grip on the rupee.
Indian Rupee: Rupee plunges 13 paise to settle at new record low …
1 day ago · Mumbai, The rupee extended its slide for the second straight session and declined 13 paise to hit a fresh record low of 85.87 (provisional) against the US dollar on Wednesday amid higher crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity markets and sustained outflow of foreign funds also played spoilsport even as investors stayed cautious over lower ...
Rupee hits record low as Indian equities slide, bearish tilt persists
3 days ago · The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger dollar and tepid capital flows following a slowdown in economic growth. The rupee weakened to 85.84 against the U.S. dollar, inching past its previous record low of 85.8075 hit in the last week of December.
New RBI chief faces calls to unshackle Rupee amid surging Dollar
1 day ago · “The rupee therefore needs to depreciate by about 2-3% on average to align with its fundamentals on a long term basis,” said Kanika Pasricha, chief economic adviser at Union Bank of India. The rupee is closing in on the 86-mark, having hit a series of record lows in recent days, as pressure mounts from a strong dollar and a widening trade deficit.
Rupee hits record low as Indian equities slide, bearish tilt persists
3 days ago · The currency ended the session at 85.8275, down nearly 0.1% on the day. While the rupee remained under pressure throughout the day's trading session, dollar-selling intervention by the Reserve ...
Rupee plunges 13 paise to settle at new record low ... - The Indian …
1 day ago · News; Business; Rupee plunges 13 paise to settle at new record low of 85.87 against US dollar; Rupee plunges 13 paise to settle at new record low of 85.87 against US dollar At the interbank foreign exchange, the rupee opened at 85.82 and touched the lowest-ever level of 85.89 against the greenback during intra-day.
1 FRF to INR - Convert French Francs to Indian Rupees - Xe
6 days ago · Get the latest 1 French Franc to Indian Rupee rate for FREE with the original Universal Currency Converter. Set rate alerts for to and learn more about French Francs and Indian Rupees from XE - the Currency Authority.
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INR/USD: RBI Chief Faces Calls to Unshackle Indian Rupee Amid …
1 day ago · India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing volatility like his predecessor did, or respond to calls for more flexibility ...
French Franc To Indian Rupee Rate Today FRF/INR - Mataf
Aug 23, 2024 · ll 【FRF1 = ₹13.5714】 French franc to Indian rupee rate today. Free online currency conversion based on exchange rates. Currency converter The converter shows the conversion of 1 French franc to Indian rupee as of Tuesday, 7 January 2025.
Indian central bank likely selling dollars to cap rupee depreciation ...
Dec 24, 2024 · The Indian central bank was likely selling dollars to limit the rupee's losses after it hit a record low on Tuesday on higher U.S. bond yields and dollar demand from local oil companies.
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