Indian Rupee Craters to Fresh Record Low Against US Dollar
The Indian rupee plummeted to an all-time low against the US dollar to finish the trading week and registered its worst session since February 2023…
Posts Tagged: USD/INR
USD/INR Dips After BRICS Bank Plans To Issue Rupee Bond in October
The Indian rupee posted a modest gain, despite a strengthening US dollar on Tuesday. News circulated across the global financial markets that the development bank…
USD/INR Dips Amid Easing Price Inflation, Widening Trade Deficit
The Indian rupee is trying to reverse the decline against the US dollar and euro this year, despite inflation ravaging the emerging market. The rupee…
USD/INR Sideways As Inflation Eases, Industrial Data Disappoints
The Indian rupee is trading sideways against its US counterpart on Tuesday as inflation eased and industrial data expanded worse than economists’ forecasts. Despite bullish…
USD/INR Flat Amid IMF Downgrade, Growing Trade Deficit
The Indian rupee is struggling for direction to kick off the trading week as investors try to gauge the the currency’s direction following some critical…
USD/INR Flat As Inflation Rises to Six-Month High
The Indian rupee traded relatively flat against both the US dollar and the euro to kick off the trading week. The rupee has struggled to…
Rupee Holds Steady After India Posts Global COVID-19 Record for Second Straight Day
The Indian rupee recorded modest gains against its US peer to close out the trading week, despite the nation posting a global record for new…
Indian Rupee Weakens Against Dollar, Euro As COVID-19 Cases Explode
The Indian rupee extended its weakness against its US counterpart in the middle of the trading week, sliding more than 1% as growing coronavirus cases…