2 days ago
The Indian rupee is tipped to extend its decline to a new record low on Friday, on the back of Treasury yields climbing to fresh multi-year highs and dollar demand from importers.
Read more at Reuters
Currency hedging by importers and borrowers of foreign currency loans is likely to put further pressure on the Indian Rupee value against the US Dollar, experts tell Business Today.
Read more at Business Today
The rupee was trading at 77.32 per dollar, down 41 paise from its previous close. The hawkish stance of the US Federal Reserve has resulted in the hardening of the US bond yields with the dollar index strengthened to 20 year high.
Read more at Business Standard
Rupee Vs Dollar: Indian Rupee's weakness against greenback was on display on Thursday as the INR hit lows of 79.90 against the US Dollar. The outlook remains weak and it could test levels around 81 in the July series, opines currency analyst Anuj Gupta ...
Read more at Zee Business
The Pakistani rupee on Tuesday suffered a significant drop of 1.5% and plunged to Rs197 against the US dollar in intra-day dealings in the inter-bank market. The fall of the rupee marks the eighth consecutive day of its sink, culminating in a 6% fall ...
Read more at The Express Tribune
Rupee to Dollar: According to data, the value of the Rupee against the Dollar has eased a little on Tuesday, rising to Rs 77.23 per USD. We look at why the value of the Rupee has diminished in the past few days.
Read more at India.com
The Indian rupee declined to 80.0125 per US dollar on Tuesday, a new record low. Other emerging market currencies are also feeling the heat as a hawkish Federal Reserve lures capital toward the US.
Read more at Hindustan Times
What hit the sentiment most was a fall in rupee to an all-time low against the greenback, thanks to rising US Treasury yields amid fears of an aggressive rate hike by the US Federal Reserve in June FOMC meet.
Read more at Economic Times
The rupee opened at a record low of 78.85 against the US dollar on Wednesday, amid weakness in domestic equities. Fall in the greenback overseas and easing oil prices lent support to the currency.
Read more at CNBCTV18
Owing to quarter-end payments and delay in the revival of the International Monetary Fund (IMF) programme, the Pakistani rupee on June 21 breached 211-a-US dollar, losing PKR 2 during intra-day trading. This fall in the rupee's value against the ...
Read more at ET Now
Karachi: The Interbank US dollar (USD) against the Pakistani rupee (PKR) Closing exchange rate is Rs 192.600 at 8:30 am PST on 17 May 2022.
Read more at BOL News
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Read more at Bloomberg