Daily Headlinez Top News Updates
MUMBAI: The rupee fell to a record low on Monday and closed at 92.33, down 58 paise from Friday’s close of 91.75, as escalating conflict in West Asia pushed crude oil prices to around $119 a barrel and triggered foreign capital outflows from oil-importing markets seeking safer assets. The currency touched a record low of…
Indian rupee declined by 8 paise to end at 89.53 against the US dollar on Monday, weighed down by heightened demand for the dollar and concerns over the widening trade deficit. Forex traders said limited intervention by the central bank and delays in the India–US trade deal have also contributed to the rupee’s ongoing weakness.At…
The rupee logged its steepest single-day drop in more than three months on Friday, breaching the 89-per-dollar mark for the first time amid weak sentiment across domestic and global equity markets. The currency fell 78 paise intraday to 89.46 against the US dollar.At the interbank foreign exchange market, the rupee opened at 88.67 before touching…
