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India rupee weaken

03 Nov 2022

Indian Rupee crosses 83-mark again against dollar after Fed interest rate hike

The rupee on Thursday crossed the 83-mark against the US dollar. It touched 83.08 before ending the day at 83.02. The domestic currency may weaken further.

Foreign Exchange Reserve

29 Oct 2022

India's forex reserves reach 2-year record low amid weak rupee

The forex reserves have been falling for months now. Rising costs of imported items also necessitated the higher requirement of reserves for trade settlement. Indian rupee is hitting all-time low records against greenback for the past several months.

19 Oct 2022

Rupee crashes to 83 on Wednesday, hitting the lowest record against US dollar

Rupee crashed to 83 on Wednesday, hitting the lowest record against US dollar. It has seen the dip of 61 paise to close at 83.01 today. The rupee opened at 82.32 on Wednesday morning.

07 Oct 2022

Rupee falls 16 paise to all-time low of 82.33 against US dollar in early trade

Indian Rupee falls all time low of 82.33 against US dollars on Friday. Indian currency for the first time closed below the 82 level against the greenback. Global oil benchmark Brent crude futures fell 0.10 per cent to USD 94.33 per barrel.

28 Sep 2022

Indian Rupee hits all-time low of 81.90 after falling 37 paise on Wednesday

Indian rupee weakened by 37 paise to hit a new all-time closing low of 81.90. Indian rupee has weakened sharply in recent days largely due to a strengthening of the US dollar. US Federal Reserve had raised the repo rate by 75 basis points.

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