Advertisement
Indian Rupee Hits 4-day Low Against U.S. Dollar
(RTTNews) - The Indian rupee dropped against the U.S. dollar in afternoon deals on Monday, as regional stocks fell, tracking weak global cues.
The benchmark S&P BSE Sensex fell 335 points, or 0.58 percent, to 57,091, while the broader NSE Nifty index was down 127.25 points, or 0.74 percent, at 16,967.
Investors reacted negatively to higher-than-expected U.S. inflation for August that triggered concerns over a recession.
Oil prices climbed as the Organization of Petroleum Exporting Countries and its allies is expected to cut output of up to 1 million barrels per day when it meets on Wednesday.
The Indian weakened to a 4-day low of 81.87 against the greenback. The currency is seen locating support near the 82.00 mark.
read more
Indian Rupee Falls To Near 1-1/2-month Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Thursday.
RTTNews
|
51 days ago
Indian Rupee Falls To 5-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Wednesday.
RTTNews
|
59 days ago
Indian Rupee Rises To 4-day High As Border Tensions Ease
The Indian rupee strengthened against the U.S. dollar in the Asian session on Monday, as investors reacted to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
RTTNews
|
61 days ago
Indian Rupee Falls To Near 4-week Low Amid India-Pakistan Tensions
The Indian rupee weakened against the U.S. dollar in the European session on Thursday, as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk.
RTTNews
|
65 days ago
Indian Rupee Rises On Trade-deal Hopes
The Indian rupee strengthened against the U.S. dollar in the European session on Wednesday, as investor mood was bolstered by trade-deal prospects and foreign fund inflows.
RTTNews
|
73 days ago
Indian Rupee Falls To 2-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Wednesday, as terrorist attacks in Kashmir, India, weighed on sentiment.
RTTNews
|
80 days ago
Indian Rupee Falls To 3-week Low As RBI Cuts Repo Rate By 25 Bps
The Indian rupee weakened against the U.S. dollar in the European session on Wednesday, after the Reserve Bank of India reduced its key policy rates for the second straight meeting and also changed its monetary policy stance to accommodative.
RTTNews
|
94 days ago
Indian Rupee Rises To Near 4-month High Amid Trump's Reciprocal Tariffs
The Indian rupee strengthened against the U.S. dollar in the early European session on Friday, as a weakening dollar, plunging oil prices and expectations for accelerated Federal Reserve interest-rate cuts supported the INR.
RTTNews
|
99 days ago
