Rupee hits lifetime low against U.S. dollar due to foreign fund outflows, import demand, and weak domestic equities.

The Hindu

India

Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

Media Bias/Fact Check

The Hindu Group

The Indian rupee declined on weak domestic markets and rising US bond yields, according to traders.

News18 India

Mukesh Ambani

Rupee At Fresh Record Low, Declines 9 Paise To Hit 84.89 Against US Dollar

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. Forex traders said the rupee is likely to remain under pressure due to concerns over slowdown in the economy and dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.89 and touched…

NDTV

Independent Media

Gautam Adani

New Delhi

Delhi

Rupee Settles On Flat Note, Up 1 Paisa At 84.90 Against US Dollar

The Indian rupee weakened to its lifetime low on Tuesday, hurt by concerns about a widening trade deficit and likely outflows from local equities, although intervention by the central bank capped losses. Read full story

The Star Kuala Lumpur

Star Media Group

Malaysia

India - Rupee hits record low on widening trade deficit, weakness in local equities

Get latest articles and stories on India at LatestLY.   The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the US dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities.
India News | Rupee Falls 1 Paisa to All-time Low of 84.92 Against US Dollar.

Latestly

Rupee Falls 1 Paisa to All-time Low of 84.92 Against US Dollar

The Indian rupee closed weaker on Monday ahead of major central banks' rate decisions this week. The currency weakened by 8 paise to close at 84.87 against the US Dollar. It had closed at 84.79 on Friday.The US Dollar Index was down 0.13% at 106.8620. While the Brent crude was down 0.60% at $73.89 per barrel.The depreciation that the currency faced was attributed to the Reserve Bank of India’s announcement of leadership transition, according to …

NDTV Profit

Rupee Closes Weaker Against Dollar Ahead Of Major Central Banks' Rate Decisions

By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) likely intervened to support the rupee after the currency slipped to an all-time low …

Cryptocurrency News | Cryptocurrency Prices | Market Cap

India cenbank likely steps in as trade deficit woes push rupee to record low

MUMBAI: The rupee ended at a new closing low of 84.86 against the US dollar down nearly seven paise from its previous close of 84.79. The rupee had hit a new low of 84.88 in intraday trade on Thursday but had recovered on Friday following a recovery in the equity markets.Monday’s weakening was largely on the back of global cues with a weaker Chinese Yuan and rising US bond yields. A weaker Yuan also pushes down the rupee because of trade pressur…

Latest For Me

Rupee closes at new low of 84.86/$ on global cues – Latest For Me

By Asia Samachar | India | The Indian rupee weakened to its lifetime low against the US dollar (USD) on Tuesday, hurt by concerns about a widening trade deficit and likely outflows from local equities, although intervention by the central bank capped losses. The rupee hit a low of 84.93 against the U.S. dollar, before closing at 84.8950, down 0.04% on the day, reported Reuters. The rupee closed at 19.0145 against the Malaysian ringgit (RM) and 6…

Asia Samachar

Rupee hits record low against US dollar

MUMBAI, Dec 16: The rupee depreciated by 9 paise to close at an all-time low level of 84.89 (provisional) against the US dollar on Monday, dragged down by a negative trend in domestic equities.   Forex traders said the Indian rupee declined on weak domestic markets and rising US bond yields. However, a soft US dollar cushioned the downside. At the interbank foreign exchange, the rupee opened at 84.83 and touched 84.89 against the greenback durin…

Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

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