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- The latest Reuters poll of 42 foreign exchange analysts taken Nov. 3-7 suggested the rupee would trade around its current level of 83.25/$ in a month and 83.00/$ in three months. However, over 30 per cent of strategists, 13 of 42, still expect the rupee to touch a new low by end-January.
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Nov 8, 2023 · The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely...
Nov 8, 2023 · BENGALURU, Nov 8 (Reuters) - The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank...
Oct 30, 2022 · The Indian rupee has been hitting new lows, week after week. From holding on to 74 against the US dollar in January to dropping to 83 last week — a double-digit fall in percentage terms in just 10 months — the rupee’s depreciation has not augured well for the economy.
Nov 8, 2023 · The rupee to touch a new low by end-January. (Image source | Unsplash) The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely intervene less in the coming year to support the currency.
The Indian rupee hit a record low against the US dollar as Asian currencies declined due to risk aversion before the US consumer price inflation data release. Rising crude oil prices and concerns about the US economy's slowdown added pressure on the rupee, contributing to its weakening position.
Sep 7, 2023 · India's rupee will still be very close to its historic low in six months despite the Reserve Bank of India using its coffers to cut volatility, according to a Reuters poll in which over a...
Apr 14, 2021 · The Indian Rupee hit a nine-month low of 75.4 against the US Dollar on Tuesday and has lost nearly 4.2 per cent over the last three weeks — one of the biggest losers among the emerging market currencies.
