forex market India

Rupee Falls 12 Paise to Settle at Record Low of 92.40 Against US Dollar

Business News Desk4 hours ago4 hours ago03 mins mins

The Indian rupee continued its downward trajectory, closing at a record low of 92.40 against the US dollar, a fall of 12 paise compared to the previous session. This depreciation underscores the mounting pressure on India’s currency markets, driven by strong global demand for the dollar, elevated crude oil prices, and persistent foreign capital outflows….

Rupee slides to a new low of 90.37 against US dollar amid RBI intervention

Business News Desk3 months ago3 months ago05 mins mins

The Indian rupee plunged to a fresh all‑time low of 90.37 per US dollar, extending its persistent downward slide despite visible intervention by the Reserve Bank of India (RBI). The currency’s sharp depreciation reflects a combination of strong dollar demand, foreign capital outflows, and global economic pressures, making it one of the weakest‑performing Asian currencies…