Rupee hits new record low against US dollar on RBI rate cut hopes
The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 ...
Indian central bank likely sold dollars to support rupee, traders say
The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
Rupee falls 9 paise to 87.16 against US dollar in early trade
The rupee depreciated to 87.16 against the US dollar as the global trade war increases investor risk aversion. Forex traders noted the negative bias due to US-China tariffs. The Reserve Bank of ...