Rupee tumbles to hit life-time low! Currency nears the 90 per dollar mark; what does it mean? – The Times of India

Rupee tumbles to hit life-time low! Currency nears the 90 per dollar mark; what does it mean? – The Times of India

Rupee on Tuesday tumbled 42 paise to close at an all-time low of 89.95 against the US dollar, extending its depreciation streak and edging closer to the crucial 90-per-dollar mark.So far, the rupee has depreciated by over 4% this year, falling 0.8% in November alone.This slump was mainly driven by speculators covering their short positions…

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Evening news wrap: Tejas jet crashes during Dubai airshow; rupee hits all time low & more | India News – The Times of India

Evening news wrap: Tejas jet crashes during Dubai airshow; rupee hits all time low & more | India News – The Times of India

An Indian Air Force Tejas fighter jet crashed during an aerobatic display at the Dubai Air Show, killing the pilot. Eyewitness footage captured the moment of impact. According to an official statement, the pilot succumbed to his injuries. The IAF expressed deep regret over the loss and announced a court of inquiry to determine the…

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Currency watch: Rupee hits all-time low of 88.10 against US dollar, trade worries and fund outflows weigh – The Times of India

Currency watch: Rupee hits all-time low of 88.10 against US dollar, trade worries and fund outflows weigh – The Times of India

The rupee closed at a fresh all-time low of 88.10 against the US dollar on Monday, slipping by just 1 paisa amid concerns over Indo-US trade tariffs and strong dollar demand from importers.Currency traders said the domestic unit opened weaker at 88.18 at the interbank foreign exchange market and fell further to touch an intra-day…

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