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Rupee hits record low amid worries about US tariffs; RBI likely steps in
The Indian rupee slipped to an all-time low on Friday, as the threat of U.S. trade tariffs under President Donald Trump weighed on most Asian currencies, while the Reserve Bank of India likely stepped in to support the local unit,
Indian rupee hits all-time low against USD ahead of Budget
The Indian rupee has hit an all-time low, trading at 86.65 per dollar today. The fall exceeds its previous lowest value of 86.6475, recorded earlier this month. The depreciation follows the possible US trade tariffs announced by President Donald Trump, causing most Asian currencies to falter.
Why Did Indian Rupee Fall To An All-Time Low Of 86.65 Ahead Of Budget 2025?
The Indian rupee fell to an all-time low of 86.65 against the dollar, influenced by Trump’s intent to impose a U.S. trade tariff. The dollar index rose to 108.2 as most Asian currencies fell following Trump's announcement on Saturday to impose tariffs on Canada and Mexico,
1d
on MSN
India cenbank infuses $5.1 billion worth of rupee liquidity via buy/sell FX swap
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...
1d
Rupee settles higher by 3 paise to close at 86.59 against dollar
The rupee pared initial losses and settled for the day higher by 3 paise at 86.59 (provisional) against the US dollar, as the ...
Press Trust of India on MSN
5h
For Every Rupee, 66 Paise To Come From Direct, Indirect Taxes: Budget Document
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to ...
1d
on MSN
India's FX reserves halt 7-week losing spree as rupee pressure eases
India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...
11h
Where India earns its rupee from and what it spends on
Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to ...
1d
Rupee falls 3 paise to 86.65 against US dollar in early trade
Finance Minister Nirmala Sitharaman will table Economic Survey 2024-25 on Friday, providing an official assessment of the ...
1d
on MSN
US tariff worries may push rupee to all-time low before India budget
The Indian rupee is expected to open weaker on Friday, possibly dipping to a lifetime low on U.S. President Donald Trump's ...
12h
on MSN
Rupee earned, rupee spent, Budget 2025: Where does every penny come from and go
The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, outlines revenue from taxes and borrowings, with ...
Forbes
14h
Convert United States Dollar To Indian Rupee
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.
3d
Rupee dips, drop in hedging costs adds to headwinds
The Indian rupee weakened on Wednesday on the back of strong dollar bids related to importers' month-end payments, while a ...
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