Browsing Tag

All-time low

Rupee Plunges To All-Time Low Of 82.33 Against Dollar

Oct 7, 2022

The rupee plunged by 16 paise to close at an all-time low of 82.33 against the US currency in early trade on Thursday due to a surge in US bond yields, risk-averse sentiment among investors, and firm crude oil prices. At 9.30 am, the home…
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‘More Forceful’ Fed Tightening To Pressure Rupee, Already At All-Time Low

Jun 12, 2022

The rupee tumbled on Friday to a new all-time low of 77.93 against the dollar with expectations of aggressive tightening from the US Federal Reserve after data showed inflation jumped to a more than four-decade high. "A phrase starting to…
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Indian rupee plummets to all-time low against US Dollar

May 9, 2022

Extending its losses on Monday, the weakening Indian currency continued its downward trend against the US dollar slipping to new lows. Currently, the Indian rupee stands at 77.47 against the US dollar after early trade on the day. The…
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