Rupee Hits Record Low, Central Bank Likely Steps In

Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters. The rupee was quoting at 87.
Indian shares little changed ahead of central bank policy decision
By Bharath Rajeswaran (Reuters) -Indian shares were muted on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest
Rupee Hits Record Low, Central Bank Likely Steps In As Bearish Bias Persists
The Indian rupee hit an all-time low on Thursday amid heightened dollar demand likely spurred by the maturity of positions in the non-deliverable forwards market, while a prevailing bearish bias on the currency also weighed.
Rupee to hold near record low in lead up to central bank rate decision
The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.
Rupee slumps 40 paise in a day, hits record low of 87.49/$
MUMBAI: The rupee fell to a record low of 87.49 on Wednesday before closing at 87.47, down 40 paise in a day, amid expectations of a rate cut by RBI. Despite a weaker dollar index and lower global oil prices,
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Rupee Drops, Becomes Worst Performing Asian Currency In 2025
The Indian rupee hit a record low on February 6, declining to 87.5825 against the U.S. dollar, as market concerns over U.S.
Indian central bank likely sold dollars to support rupee, traders say
The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
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Indian Rupee touches record low of 87.57 against US Dollar
The Indian Rupee has plunged 14p to a record low of 87.57 against the US Dollar today. The fall comes amid market expectations of an impending rate cut by the Reserve Bank of India (RBI) and poor ...
USD/INR climbs as RBI rate cut bets drag Indian Rupee lower to fresh all-time low
The RBI interest rate decision and the US January employment report will be in the spotlight on Friday.
Rupee drops to record low on RBI rate cut bets, stop losses
The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a ...
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Indian rupee hits lifetime low, crosses 87-per-dollar for first time
The Indian rupee breached the 87 per dollar mark for the first time today, a steep fall from its previous close of 86.61/$ on ...
Indian rupee depreciated over 1% in Jan, forex dipped by over $70 billion in Oct-Dec, 2024
Even as rupee closed a tad higher against US dollar on Tuesday, Finance Ministry told the Rajya Sabha that the Indian ...
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Convert Indian Rupee To United States Dollar
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Hedging, cost cut: India Inc takes cover as rupee plunges against dollar
Hit hard by the rupee’s depreciation against the US dollar, Indian firms are adopting various measures, including securing ...