Tag: dollar demand
Rupee depreciation: A triple attack on rupee
A huge selloff by the foreign institutional investors since October 2024 led to an increase in dollar demand in financial markets, putting pressure on [...]
Rupee hits record low for fourth consecutive day amid dollar demand, global volatility
The rupee closed at a record low level for the fourth straight day on Wednesday due to dollar demand from importers, as markets continue digesting glo [...]
rupee: Rupee set to keep tiptoeing to new lows as policy pivot in focus
The Indian rupee slumped from emerging Asia’s best-performing currency at the start of the year to among the worst this quarter, and the decline will [...]
Rupee stays near record low while Asian peers rise
The Indian rupee was largely flat on Monday, unable to capitalise on gains in most of its Asian peers due to dollar demand from local importers.The ru [...]
Rupee nearly flat as oil companies’ dollar bids counter gains in Asia FX
By Jaspreet KalraMUMBAI (Reuters) - The Indian rupee was little changed on Tuesday as month-end dollar demand from importers, including local oil comp [...]
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