Depreciating Rupee
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Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
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Rupee Hits Record Low As Trump Tariffs Spark Fears Of Global Trade War
The rupee depreciated 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday after Trump Tariffs on Canada, Mexico and China triggered fears of a broad trade war.
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Indian Rupee Performed Better Than Currencies Of Canada, Korea, Brazil: Economic Survey
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey.
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Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
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Nifty, Sensex Continue To Decline; Rupee Hits New Low
Indian stock markets continued to remain weak on Friday and opened flat as FIIs and the depreciating Indian rupee exerted pressure.
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Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
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Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.
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Poco Aiming for 60 Percent Business Jump in 2023, Upgrades to 5G Phones to Drive Growth: Himanshu Tandon
Poco expects upgrades to 5G mobile phones from 4G to drive growth in 2023, Poco India Country Head Himanshu Tandon has revealed. The sub-Rs 10,000 smartphone segment is likely to be most impacted because of inflationary pressures and rupee depreciation, and the industry will see strong competition in the Rs 20,000-Rs 30,000 mobile phone segment, ac...
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Pak Currency Spirals Further, Plummets To Record Low Of 270 Against Dollar
Pakistan needs to complete the ninth review of a $7 billion IMF programme that would not only lead to a disbursement of $1.2 billion, but also unlock inflows from friendly countries and other multilateral lenders.
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Pakistan's Petrol, Diesel Prices Are At A Record High. Here's Why
Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.
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On Compensation To Bhopal Gas Leak Victims, Successor Firms Say...
Successor firms of the Union Carbide Corporation (UCC) told the Supreme Court on Thursday that the depreciation of the rupee since 1989 cannot be a ground to now seek a "top-up" of compensation for the victims of the Bhopal gas tragedy.
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Only Request To PM Modi Is To Stop Rupee From Scoring Century: Congress
The Congress today attacked the Centre over the depreciating value of the rupee against the dollar and said the only request to Prime Minister Narendra Modi is to stop the rupee from scoring a century.
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On Rupee Hitting Record Low, Sharad Pawar Party's Dig At Finance Minister
The Nationalist Congress Party (NCP) on Monday asked Union Finance Minister Nirmala Sitharaman to explain why the rupee has fallen to an all-time low against the US dollar.
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IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
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Under Imran Khan Government, Pakistani Rupee Depreciated By 30.5%: Report
The Pakistani rupee's value against the US dollar has fallen by 30.5 per cent during the Imran Khan government's tenure, reported local media.
-
Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
-
Rupee Hits Record Low As Trump Tariffs Spark Fears Of Global Trade War
The rupee depreciated 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday after Trump Tariffs on Canada, Mexico and China triggered fears of a broad trade war.
-
Indian Rupee Performed Better Than Currencies Of Canada, Korea, Brazil: Economic Survey
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey.
-
Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar
The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
-
Nifty, Sensex Continue To Decline; Rupee Hits New Low
Indian stock markets continued to remain weak on Friday and opened flat as FIIs and the depreciating Indian rupee exerted pressure.
-
Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
-
Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.
-
Poco Aiming for 60 Percent Business Jump in 2023, Upgrades to 5G Phones to Drive Growth: Himanshu Tandon
Poco expects upgrades to 5G mobile phones from 4G to drive growth in 2023, Poco India Country Head Himanshu Tandon has revealed. The sub-Rs 10,000 smartphone segment is likely to be most impacted because of inflationary pressures and rupee depreciation, and the industry will see strong competition in the Rs 20,000-Rs 30,000 mobile phone segment, ac...
-
Pak Currency Spirals Further, Plummets To Record Low Of 270 Against Dollar
Pakistan needs to complete the ninth review of a $7 billion IMF programme that would not only lead to a disbursement of $1.2 billion, but also unlock inflows from friendly countries and other multilateral lenders.
-
Pakistan's Petrol, Diesel Prices Are At A Record High. Here's Why
Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.
-
On Compensation To Bhopal Gas Leak Victims, Successor Firms Say...
Successor firms of the Union Carbide Corporation (UCC) told the Supreme Court on Thursday that the depreciation of the rupee since 1989 cannot be a ground to now seek a "top-up" of compensation for the victims of the Bhopal gas tragedy.
-
Only Request To PM Modi Is To Stop Rupee From Scoring Century: Congress
The Congress today attacked the Centre over the depreciating value of the rupee against the dollar and said the only request to Prime Minister Narendra Modi is to stop the rupee from scoring a century.
-
On Rupee Hitting Record Low, Sharad Pawar Party's Dig At Finance Minister
The Nationalist Congress Party (NCP) on Monday asked Union Finance Minister Nirmala Sitharaman to explain why the rupee has fallen to an all-time low against the US dollar.
-
IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
-
Under Imran Khan Government, Pakistani Rupee Depreciated By 30.5%: Report
The Pakistani rupee's value against the US dollar has fallen by 30.5 per cent during the Imran Khan government's tenure, reported local media.
