This is despite Finance Minister Nirmala Sitharaman's assurance that India's economic fundamentals are strong and the Indian rupee is "absolutely going fine"
The Indian currency is hurtling toward 95 to the dollar, and there is very little standing in the way
Despite rising gold prices in rupee terms, the overall dollar-based prices of the yellow metal saw a decline
Can the RBI defend the rupee from further depreciation?
Since most forex happens in dollars, trip costs from India have spiked
Year-to-date, the Indian currency has dropped more than 5% vs the greenback and is now the worst-performing currency in Asia
Right now, the US dollar index has slipped below 100, signalling its weakness. Still, the rupee has continued to fall against the dollar
Higher international tuition fees, wider current account deficit, dearer fuel are all effects of a weakening rupee
Bitcoin's previous record was $124,480 in mid-August this year, compared to which it has now grown by more than 30%
Sensex, Nifty, Rupee fall in morning trade; American currency appreciates on rising global demand amid trade war fear triggered by Donald Trump
India has maintained that it does not want another currency to replace the Dollar
Red returns to India markets as uncertainty around Trump tariffs and strong dollar push Sensex, Nifty, and Rupee down
A weaker Indian currency and a strengthening US dollar may invite significant challenges to the economy in forex and import-export
Industry pundits believe that the RBI intervention may not be enough for the appreciating dollar to not put pressure on the economy after rupee breaches the 85 level
Trump’s policies, aimed at reinforcing the dollar’s dominance, coincide with BRICS’ efforts to reduce dependence on it—a dynamic that could reshape global finance
There is no proposal to have a BRICS currency, the EAM said days after Trump threatened 100 per cent tariff on imports.
The Rupee fell to a record low of Rs 84.38 against the Dollar on Thursday, fueled by international events
The country is now a washing machine for illegal profits that sprouted a drug trade
“Indian currency getting stronger,” commented a user
Rupee settled at 82.80 against the US dollar yesterday
The probable reason for this fall is slower rate hikes from the US in Nov
The local unit touched 82.75 against the American currency in initial deals
Meanwhile, FM Nirmala Sitharaman has said that the rupee has not weakened
Rupee depreciated 16 paise to an all-time low of 82.33 against the US dollar
Last week, rupee depreciated to a life-time low of 80.06 a dollar
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