MUMBAI, NOV 18: The rupee today crashed below the psychological 68-mark to end at near nine-month low as sentiment turned bearish on combination of growing US rate hike expectations and stunning dollar run. Witnessing a near-term rout, the home currency crumbled by a whopping 31 paise to end at 68.13 ... Read More »
MUMBAI: The rupee staged a modest comeback after a three-straight day fall against the US dollar to end 3 paise higher at 66.89 on easing fears of an imminent US Fed rate hike amid softer overseas sentiment. Fresh dollar selling by banks and exporters largely helped the home currency to ... Read More »
NEW DELHI: Dalal Street has a rupee problem and no one is talking about it. The domestic currency had depreciated 3 per cent against the US dollar till February end on the back of rampant FII selling in the early weeks of the year. Market experts at that time saw ... Read More »
NEW DELHI: The rupee does not face any “serious challenge” of depreciation and will find its own level after initial bouts of volatility, finance minister Arun Jaitley said on Thursday. “I think India’s currency is finding its own level. I don’t see a very serious challenge,” he said at an ... Read More »
