Rupee slips past 87-mark against US dollar, hits lowest level in over 4 months. What’s behind the weakness?
The Indian rupee weakened past the 87 level against the US dollar on Wednesday, hitting its lowest level since mid-March,...
archiveusd vs inr
Will Indian Rupee’s value appreciate to 84 against the US Dollar? Here’s what top international banks say – Firstpost
Bank of America (BofA) Research has revised its forecast for the Indian rupee, projecting the currency to strengthen to 84 per US dollar by December 2025, from a previous estimate of 87read moreBank of America (BofA) Research has revised its forecast for the Indian rupee, projecting the currency to strengthen to 84 per US dollar by December 2025, from a previous estimate of 87. The call reflects a broader shift in sentiment among analysts, who are increasingly bullish on the rupee amid improved capital inflows and a more favorable trade...
INR vs USD: Rupee at 87? Experts predict fall in domestic currency on India-Pakistan conflict
The Indian rupee extended its fall on Friday, declining by 30 paise against the US dollar, as intensifying geopolitical tensions between India and Pakistan sparked risk-off sentiment in the market. Increased demand for the US dollar also dented investor sentiments.Rupee depreciated 30 paise to open at 85.88 against the greenback on Friday. The local currency saw its steepest single-day fall in more than two-and-a-half years in the previous session and settled 81 paise lower at 85.58 against the US dollar on.The India-Pakistan conflict, stronger dollar, rise in crude oil prices...