Markets · 1 sources covering this

Rupee lingers around bottom of Asia FX pile as global headwinds deepen

The Indian rupee has experienced a decline impacted by elevated crude prices and increasing global bond yields. During the last quarter, the currency fell 1.2%, and monthly losses reached 0.7%. Despite the downturn, the Reserve Bank of India managed to stabilize the rupee through interventions and support measures. Analysts expect the upcoming monetary policy decision to influence the currency's future movement.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·2h ago
Rupee lingers around bottom of Asia FX pile as global headwinds deepen
The Indian rupee has experienced a decline impacted by elevated crude prices and increasing global bond yields. During the last quarter, the currency fell 1.2%, and monthly losses reached 0.7%. Despite the downturn, the Reserve Bank of India managed to stabilize the rupee through interventions and support measures. Analysts expect the upcoming monetary policy decision to influence the currency's future movement.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/b34a9fb6ce8c5f19f0d13295bbe5991bb71507e3"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Rupee lingers around bottom of Asia FX pile as global headwinds deepen"></iframe>

Rupee lingers around bottom of Asia FX pile as global headwinds deepen

How 1 sources are covering this

Rupee lingers around bottom of Asia FX pile as global headwinds deepen

More from Markets

Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperform

Top 2 stocks to buy or sell for short-term: Cyient, Max Healthcare by Nagaraj Shetti - Check stop loss, targets

Market wrap: Kotak Mahindra Bank, InterGlobe, Apollo Hospital, Max Healthcare top gainers and losers on Nifty and Sensex on Wednesday

Quote of the day by Jean Marie Eveillard: "If you are a value investor, every now and then you lag, or experience what consultants call tracking error. It can be very painful. To be a value investor, you have to be willing to suffer pain."

Reader

Trust & legal

Across the network