Journalism of Courage
Declining rupee
DECLINING RUPEE NEWS
Rupee sees high volatility against US dollar in early trade
January 22, 2025 11:32 am
Forex traders said the overall uncertainty about the global economy continued to weigh on both currencies and commodities, keeping investors on edge.
Rupee falls 21 paise to 81.38 against US dollar
January 23, 2023 7:04 pm
At the interbank foreign exchange market, the rupee opened stronger at 80.92 to a dollar against the previous close of 81.17. The local unit moved in a range of 81.47 to 80.93 during the day.
Rupee fall to hit Indian students abroad more than those who are yet to leave, say experts
October 02, 2022 4:43 pm
Weakening Rupee, Inflation Affecting Indian Students Abroad: While the fall of the rupee can lead to an increase in tuition fees for all students planning to study abroad, the situation is trickier for those who have already started their courses, and are in the US. Experts explain how.
Gold futures likely to fall upto Rs 46,000 per 10 grams by September end: Analysts
July 24, 2022 7:04 am
Analysts feel gold prices on the Multi Commodity Exchange of India (MCX) may slip up to Rs 46,000 per 10 grams by the end of September amid anticipation of a steep rate hike by US Federal Reserve in its upcoming meeting.
Follow ringmaster US Fed to save local currency, says Uday Kotak
July 20, 2022 5:32 pm
"Central bankers globally move in a herd led by ring master the US Fed. Whether easy or tight money. Go out of line your currency is crushed. Look at Japan, a 30 plus percent depreciation. That's the power of the US $ the most sought after asset in the world today. How long?" Uday Kotak said in a tweet.
Rupee depreciation against US dollar lower than other major currencies: CEA
July 20, 2022 4:17 pm
The rupee for the first time touched a low level of 80 against the US dollar in intra-day spot trading at the interbank foreign exchange market on Monday.
Rupee dives 18 paise to fresh lifetime low of 78.22 per USD
June 16, 2022 8:53 am
At the interbank foreign exchange market, rupee opened firm at 77.99 and finally settled at its all-time low of 78.22, down 18 paise over its previous close of 78.04
Rupee drops 44 paise to hit new low of 73.77 against US dollar
October 04, 2018 12:30 pm
Consistent dollar demand from importers, mainly oil refiners, following higher crude oil prices, kept the rupee under pressure.
Free fall
September 23, 2018 5:52 pm
With the rupee hitting an all-time low of 72.98 against the US dollar on September 18, The Indian Express examines what a weak currency means for the national economy — and personal finance.
Rupee falls to fresh 16-month low, drops 25 paise against dollar
May 23, 2018 11:47 am
The greenback strengthened against most global currencies as investors await hints on the pace of further US monetary tightening amid sustained capital outflows, forex dealers said.
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