Time to remit? Indian rupee crashes to fresh record low amid Strait of Hormuz fears Forex traders warned that the rupee remains especially vulnerable because India imports more than 85% of its crude oil requirements 3 min read
Indian rupee hits new all-time low, nears Rs26 against UAE dirham Traders said that the pair may see a further slip as rising crude oil prices are likely to sharply impact India's import costs 1 min read
Indian rupee under pressure, nears 94 as oil shock, dollar strength rattle markets The Reserve Bank of India has been intervening in currency markets using its sizeable foreign-exchange reserves to smooth excessive fluctuations and prevent disorderly movements 3 min read
Indian rupee hits record low, RBI steps in to avert fall past 92 per dollar Expectations of the rupee depreciating further are also compounding the strain on India's interest rate swaps market 2 min read
Time to remit? Indian rupee slips to record low against US dollar The dip raises expectations of stronger remittance inflows from the Gulf and gives expatriate workers a timely exchange-rate boost 1 min read
Indian rupee nears Rs25 per UAE dirham; GCC expats could see remittance gains With the RBI signalling it will not defend any specific currency level and markets forecasting further rupee depreciation, traders increasingly see downside pressure 3 min read
Indian rupee slips to record low against UAE dirham, but RBI likely curbs losses Foreign investors have pulled out nearly $18 billion from Indian stocks so far this year, making India one of the worst-hit markets in terms of portfolio outflows 2 min read
Indian rupee hits record low against dirham; will UAE grocery prices fall? The rupee has hit a record low against the Emirati currency and the US dollar, reaching 24.6 against the dirham and 90.4 against the greenback 3 min read
Indian rupee falls most in a month as traders cut long bets, importers buy dollars Frequent interventions by the Reserve Bank of India had helped the rupee hold above the 88 mark last week, but traders also pointed to an easing of that defence on Monday 2 min read