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Rupee fall News

20 Jul 2022

DNA: Dollar Vs Rupee -- How fall in currency will affect India?

The weakening of the rupee against the dollar is not breaking news and we have become accustomed to it over the years. This is also because this decline has continued in this way in every government. But the big question is, how worrying is this fall in the rupee?

20 Jul 2022

DNA: Rupee Vs Dollar -- Why 'strong' India's rupee is 'weak'?

For the first time in history, the Rupee hits all-time low of 80 against US dollar. The big question is, what message does this fall of the rupee send for the Indian economy?

20 Jul 2022

DNA: What does historical fall in rupee means, explains Anil Singhvi

Even though the fall of rupee in India has not become a breaking news yet, but the big question is, is it really a challenge for our economy? With Anil Singhvi, Managing Editor, Zee Business, understand how the fall of the rupee will affect you.

29 Nov 2018

Speculations may have triggered rupee fall: SBI report

The report further said the Reserve Bank of India should have created a special window for oil marketing companies and have taken out USD 400-450 million daily dollar demand.

OMC forex borrowings

04 Oct 2018

FinMin allows OMCs to borrow $10 billion with 5 yrs maturity in phased manner

OMCs will not be required to hedge their exposure.

24 Sep 2018

Govt steps to boost capital inflow unlikely to reverse Rupee slide: Moody's

The rupee has depreciated more than 10 percent against the US dollar since January 2018 and was at Rs 72.1 against the dollar as of September 21.

India steel import

19 Sep 2018

India considers raising import duty on steel to support rupee

The source said there was no certainty that the proposed duty would be imposed.

18 Sep 2018

Rupee ends at fresh record low of 72.97 against dollar

IMF has warned that the rupee depreciation would jack up the prices of imported goods.

14 Sep 2018

With Rupee on sticky wicket, PM Modi to hold crucial meeting with FM officials

The meeting comes in the backdrop of the Indian currency touching its lifetime low.

11 Sep 2018

Rupee not to go in for free fall: Former RBI Guv Rajan

The RBI has increased the key lending rate twice in the recent past on inflationary concerns.

05 Sep 2018

Rupee falls for 6th day in a row, RBI swings into action

The Indian rupee's unabated fall continued for the sixth straight session Wednesday, hitting yet another closing low of 71.75, down 17 paise against the US currency as surging oil prices and weak trend in emerging market currencies weighed on sentiments.

05 Sep 2018

As Rupee plunges to historic lows, FM Jaitley says ‘no domestic factor’

We must bear in mind that dollar has strengthened against almost every currency, said Finance Minister Arun Jaitley.

06 Jan 2017

Rupee to fall to record low over coming year

The rupee is expected to fall further to 69.50 by year-end.

23 May 2016

Rupee falls for eight straight session, holds at 2-1/2 month low of 67.49

Extending its fall for the eighth straight session, the rupee today depreciated by another 5 paise to end at 67.49 per dollar on sustained demand for the US currency from banks and importers.

23 Mar 2016

Rupee to moderately fall towards 69 in 9-12 months: Citi

The rupee is likely to "moderately depreciate" towards the 69 level in the next 9-12 months on the back of higher crude prices in the second half of next fiscal, a Citigroup report says.

RBI rupee intervention

14 Nov 2015

RBI's defence of rupee depletes Forex by $1.90 billion

The forex reserves of India plunged to USD 351.73 billion, due to the RBI's attempt to stem the fall in rupee value and maintain the currency in it's comfort zone.

07 Sep 2015

Rupee must fall more to save exports, prevent China dumping: SBI

As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya today said it must fall further to help domestic exporters.

25 Aug 2015

Fall in crude prices responsible for dip in exports: Govt

As merchandise shipments continue to fall since last December, a top official in Commerce Ministry today attributed the declines to sharp fall in fuel prices overseas, which led to a dip in petroleum product exports.

24 Aug 2015

'No immediate advantage to exporters from rupee fall'

The steep depreciation of rupee will not give an immediate advantage to the country's exporters, trade bodies said Monday.

20 May 2015

IT stocks gain on rupee fall

IT stocks were in limelight Wednesday, gaining nearly 3 percent, as the stronger US currency boosts the sales of software firms in rupee terms.

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