Explore why the USD/INR exchange rate has soared and why the Indian rupee has crashed to its lowest level on record ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
A surge in oil prices, continued outflows from foreign investors, and a rally in USD might cap the INR's upside.
The Indian Rupee (INR) plunged to an all-time low of 86.2050 against the US dollar on Monday, breaching the 86 mark for the ...
The USD/INR exchange rate continued its strong uptrend on Monday and is slowly nearing the important resistance point at 86.
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its ...
The Indian rupee plunged to a record low of 86.62 against the US dollar, driven by a stronger American currency and surging ...
The Indian rupee is poised to decline against the U.S. dollar at the open on Monday, dipping past the 86 level, after a blowout U.S. jobs report increased the likelihood that the Federal Reserve may ...
The strong dollar, rise in crude oil prices and selling by foreign investors in the equity market are the major reasons for ...