Indian Rupee Off 1-1/2-month Low Against U.S. Dollar
(RTTNews) - The Indian rupee recovered against the U.S. dollar in evening deals on Monday as the Reserve Bank of India intervened in the forex market to defend the currency.
Hawkish remarks from Federal Reserve Chair Jerome Powell lifted the dollar index to a 20-year high, weighing on the rupee.
The central bank is required to maintain a restrictive policy stance for some time to restore price stability, Powell said during the Jackson Hole speech on Friday.
The Indian rupee was trading at 79.93 against the greenback, after falling to a 1-1/2-month low of 80.13 in the morning session. The pair had closed Friday's deals at 79.96.
read more
Indian Rupee Hits Record Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Tuesday.
RTTNews
|
Před 17 dny
Indian Rupee Slides To Record Low Amid Speculations On RBI Intervention
The Indian rupee weakened against the U.S. dollar in the Asian session on Wednesday, as traders speculate that the Reserve Bank of India (RBI) is likely to intervene in the foreign exchange to limit the significant weakening of the rupee.
RTTNews
|
Před 30 dny
Indian Rupee Falls To Record Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Monday, as Trump's tariff threat bolstered the dollar.
RTTNews
|
Před 39 dny
Indian Rupee Falls To 6-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday.
RTTNews
|
Před 43 dny
Indian Rupee Falls To Record Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Monday, due to pressure from the local stock market outflows and a muted trend in domestic stocks as investors remain cautious amidst the U.S. presidential elections and the Fed interest rate decision later this week.
RTTNews
|
Před 67 dny
Indian Rupee Rises To 1-1/2-month High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the European session on Tuesday.
RTTNews
|
Před 115 dny
Indian Rupee Falls To 6-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday.
RTTNews
|
Před 141 dny
Indian Rupee Little Changed After RBI Keeps Key Rates Unchanged
The Indian rupee changed little against the U.S. dollar in the late Asian session on Thursday, after India's central bank maintained its interest rates for the ninth consecutive session.
RTTNews
|
Před 155 dny
