The rupee fell to 88.44 per dollar, its lowest ever, amid strong importer demand and tariff worries, even as RBI intervened to contain volatility in the forex market
Indian Rupee today: The domestic currency closed 34 paise lower at a new low of 88.44 against the greenback on Thursday
With the Indian rupee near record low of 88.45/US dollar, investors are asking why and how far down the INR might go? Read this report to find out if the rupee will fall or rebound in months ahead
Indian Rupee today: The domestic currency opened 3 paise lower at 88.13 against the greenback on Thursday, according to Bloomberg
Indian Rupee today: The domestic currency closed 1 paise lower at 88.11 against the greenback on Wednesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 2 paise lower at 88.13 against the greenback on Wednesday
Indian Rupee today: The domestic currency closed 15 paise higher at 88.11 against the greenback on Tuesday
Indian Rupee today: The domestic currency opened 25 paise higher at 88.01 against the greenback on Tuesday
Finance Minister Nirmala Sitharaman has said that the government is keeping a 'good watch' on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar. "The rupee slide is largely against the dollar, not against any other currencies. That's also because of the way globally, the dollar has strengthened," she said when asked if the slide of rupee against greenback is a concern. "This is not the case only with rupee versus dollar, it's the case with many other currencies versus the dollar. So we are keeping a good watch on this," she told PTI in an interview. The rupee plummeted to a record low and closed at 88.27 against dollar after touching an intra-day low of 88.38 on Friday. The fall came amid concerns over US tariffs, while intervention by the Reserve Bank of India through state-run banks helped limit further losses. The steep tariff of 50 per cent imposed by the US on Indian goods took effect on August 27. The tariffs - among
Indian Rupee today: The domestic currency opened 11 paise lower at 88.25 against the greenback on Friday
Indian Rupee today: The domestic currency opened five paise higher at 88.10 against the greenback on Friday
Indian Rupee today: The domestic currency closed nine paise higher at 88.15 against the greenback on Thursday, according to Bloomberg
Indian Rupee today: The domestic currency opened one paise higher at 88.06 against the greenback on Thursday
Indian Rupee today: The domestic currency closed nine paise higher at 88.07 against the greenback on Wednesday
Indian Rupee today: The domestic currency opened flat but rose to 4 paise to 88.12 against the dollar on Wednesday
Indian Rupee today: The domestic currency ended 4 paise higher at 88.16 against the dollar on Tuesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 5 paise higher at 88.15 against the dollar on Tuesday, according to Bloomberg
Indian Rupee today: The domestic currency closed 1 paise higher at 88.20 against the dollar on Monday, according to Bloomberg
Indian Rupee today: The domestic currency opened 3 paise lower at 88.23 against the dollar on Monday, according to Bloomberg
The rupee slumped to an all-time closing low against the dollar, pressured by US tariffs, equity outflows, and weak Asian peers