rupee forex market

Rupee May Open at All-Time Low, Pressured by $100-Plus Crude; RBI Response Eyed

Business News Desk2 weeks ago2 weeks ago03 mins mins

The Indian rupee is expected to open at an all-time low against the US dollar, as surging crude oil prices above $100 per barrel and escalating geopolitical tensions weigh heavily on investor sentiment. Market participants are closely watching the Reserve Bank of India’s (RBI) response, as the central bank may intervene to stabilize currency volatility…

Rupee breaches 90-level mark in morning trade: Opens at 90.06 against the dollar

Business News Desk3 months ago3 months ago04 mins mins

The Indian rupee witnessed a sharp depreciation in morning trade, breaching the psychological 90-level mark against the US dollar for the first time. Opening at 90.06, the currency’s slide reflects mounting global pressures, domestic challenges, and investor sentiment that has tilted towards safe-haven assets. The development has sparked intense debate among economists, policymakers, and market…

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Rupee May Open at All-Time Low, Pressured by $100-Plus Crude; RBI Response Eyed

Rupee breaches 90-level mark in morning trade: Opens at 90.06 against the dollar