exchange rates

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    Rupee Falls 20 Paise to 92.45 Against Dollar

    Mumbai, March 13 The rupee fell by 20 paise to close at a fresh record low of 92.45 (provisional) against the US dollar on Friday, amid soaring crude oil prices and the ongoing conflict in West Asia.According to forex traders, a stronger US dollar, heavy outflows of foreign funds, and...
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    Rupee Weakens as Oil and Equity Markets Decline

    Mumbai, March 12 The rupee plunged by 35 paise to hit an all-time intra-day low of 92.36 against the US dollar on Thursday as global crude oil prices continued to rise overnight and showed no signs of easing amid the ongoing conflict in West Asia.A stronger US dollar and weak sentiment in the...
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    India's Rupee Stabilizes After Recent Drop

    Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85 (provisional), aided by a sharp fall in global crude oil prices amid hopes of de-escalation of the ongoing conflict in West Asia.Sharp gains in the...
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    Energy Imports and Emerging Markets Face New Challenges

    New Delhi, March 9 Fitch Ratings said on Monday that the Iran conflict could pose additional challenges for some emerging market sovereigns in areas such as energy imports, remittances, and exchange rates.On February 28, the US and Israel launched military strikes on Iran, who retaliated with...
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