Rupee Sinks to New Low at 92.63 as Brent Soars to Near $110

Indian Rupee Hits New Low Of 92.94 Against US Dollar

New Delhi: The Indian rupee reached a new low against the US dollar on Thursday, depreciating 30 paise to 92.94, as oil prices remain elevated amid the West Asia crisis. In the meantime, foreign institutional investors (FIIs) have sold nearly Rs 74,000 crore over the last 12 sessions in the domestic stock market. Iran has warned it would carry out more severe retaliatory strikes if the US and Israel attack its energy facilities again. On Wednesd…

Indian rupee hits new low of 92.94 against US dollar - tennews.in: National News Portal

New Delhi, March 20 (IANS) The Indian rupee reached a new low against the US dollar on Thursday, depreciating 30 paise to 92.94, as oil prices remain elevated amid the West Asia crisis. In the meantime, foreign institutional investors (FIIs) have sold nearly Rs 74,000 crore over the last 12 sessions in the domestic stock […] The post Indian rupee hits new low of 92.94 against US dollar appeared first on tennews.in: National News Portal.

Indian Rupee Hits Historic Low: Rupee Falls to 93.35 Against Dollar

Indian Rupee hits historic low of 93.35 against US Dollar on March 19 due to rising oil prices, strong dollar, and global market pressure.

Rupee hits new low; dwindling forex reserves and dollar surge fuel currency crisis: Naveen Mathur

India's rupee plunged to a fresh record low of 92.63 against the US dollar, rattling investors and raising urgent questions about the Reserve Bank of …

Rupee sinks to new low at 92.63 as brent soars to near $110

The Indian rupee hit a new low against the US dollar. This happened after data revealed India paid a high premium for crude oil imports. Refiners and companies bought dollars to meet commitments. The Reserve Bank of India defended a key level but eventually allowed the rupee to fall. Further weakening is expected if oil prices remain high.