Page 21 - Rupee

Not reading too much into IMF's 'crawl' remark: RBI Dy Guv Poonam Gupta

RBI deputy governor Poonam Gupta says the IMF's 'crawl-like' label is a sub-classification based on recent volatility data, and does not change India's managed-float exchange rate regime

Rupee weakens after RBI rate cut; Guv says external position comfortable

The rupee slipped after the RBI cut the repo rate by 25 bps, with traders citing dollar sales near 90.07 per dollar. Governor Sanjay Malhotra said reserves and the external sector remain comfortable

Rupee at record low: Can a US trade deal trigger a turnaround?

The Indian rupee has slipped to an all-time low against the US dollar, pressured by foreign investor exits and global trade tensions. A new poll suggests a mild recovery could be ahead

Importers rush to hedge while exporters wait on sidelines amid rupee dip

The domestic currency touched a fresh low of 90.41 against the dollar on Thursday but gained back its intraday losses to close at 89.98

Weak rupee may raise fertiliser import, production costs and subsidy load

A sliding rupee could make both fertiliser imports and domestic production costlier, pushing the subsidy bill higher as urea and DAP prices remain fixed for farmers

Enhancing margins: Weak rupee a silver lining for IT services companies

The Indian IT services industry derives roughly 90 per cent of its revenues from global markets-about 57 per cent from the US and around 28 per cent from Europe

RBI steers away from aggressive intervention as rupee touches new lows

RBI is intervening mainly to smooth volatility rather than defend specific levels as the rupee hits fresh lows amid outflows and trade-deal uncertainty, with its forward position limiting room to act

Rupee to rise from record lows, US trade deal key for recovery: Poll

US President Donald Trump's punitive 50 per cent tariff on Indian goods has soured sentiment among foreign investors, who have sold around $17 billion of Indian equities so far this year

Rupee breaches 90/$, down 5% this year; may continue downward 'crawl'

Uncertainty over US trade deal, FPI outflows, limited RBI intervention pushes rupee drop 5% vs $ in 2025

Rupee weakness clouds outlook for FPI flows; earnings revival key

Corporate earnings growth is estimated to be in high single digits for this fiscal and in mid-teens for the next two financial years

Weaker rupee to help exporters, low inflation means it doesn't pose a risk

In a situation where the balance of payments has turned negative, the currency would be expected to depreciate and act as a stabiliser

Rupee slips past 90/$: What’s driving India’s record low — and what next?

The Indian rupee hit a historic low, crossing 90 per US dollar in early trade. Here’s what’s behind the slide: weaker capital inflows, strong importer demand for dollars, rising hedging, and shifting

Not losing sleep over it: CEA Nageswaran on rupee hitting record low

Chief Economic Advisor V Anantha Nageswaran expressed hope that the currency will recover next year

Rupee hits fresh low against dollar, nears 90/$-mark amid rising pressures

Indian Rupee touched a new record low of 89.97 against the US dollar on December 1, 2025, amid delays in the India-US trade agreement, and limited RBI intervention

Rupee hits fresh low of 89.79 per dollar as NDF positions mature

India's foreign exchange reserves continue to fall as the RBI steps up its defence of the rupee to prevent it from breaching the 90-per-dollar mark

Weekly govt bond auction sails through; Nov rupee's worst month since July

The govt's weekly bond auction saw strong demand with yields aligning to expectations, while the rupee recorded its weakest month since July amid dollar demand and cautious market sentiment

IMF likely to alter classification of India's exchange rate regime

The currency plunged to a record low on Friday after the central bank unexpectedly stepped back from defending it as firmly as before

What India can do to address its low-inflation problem and aid growth

Traders attributed at least part of the slide to the RBI's reluctance to intervene, breaking with the practice of recent months as the currency weakened largely due to an elusive trade deal with US

Rupee recovers as RBI intervention cools pressure from strong US dollar

The rupee clawed back some losses after the RBI intervened heavily in spot and NDF markets, helping arrest its slide toward 90 per dollar even as global dollar strength

Congress takes swipe at PM Modi over rupee's 'free fall' against dollar

The Congress on Monday took a jibe at Prime Minister Narendra Modi over the rupee's "free fall" in relation to the dollar and recalled his 2013 remarks as then Gujarat chief minister in which he had mocked the UPA dispensation. The rupee opened at 89.46 against the US dollar before rising to 89.17, up 49 paise from its previous close. The rupee had plunged 98 paise to close at its lifetime low of 89.66 against the US dollar on Friday, due to a huge demand for the greenback in the domestic forex market amid widespread selling pressure in local and global equities and trade-related uncertainties. Taking a swipe at the government, Congress general secretary in-charge communications Jairam Ramesh said on X, "The rupee continues its free fall in relation to the dollar. It is now about to breach the 90 rupees to the USD low." Does the PM recall what he himself had said in July 2013, the Congress leader asked and shared the video from the time. Look at how fast rupee is falling. Sometime