Tag: foreign outflows

rupee: Rupee drops to record low on RBI rate cut bets, stop losses

rupee: Rupee drops to record low on RBI rate cut bets, stop losses

The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a prevailing bearish bias on the [...]
Rupee holds ground on cenbank intervention as US election uncertainty looms

Rupee holds ground on cenbank intervention as US election uncertainty looms

The Indian rupee was nearly unchanged on Tuesday, wedged between likely foreign outflows from domestic equities and intervention by the central bank, [...]
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