Congress slams PM Modi over fall of rupee against U.S. dollar
Senior Congress leader Jairam Ramesh addressing the media at AICC, in New Delhi. File. | Photo Credit: Sushil Kumar Verma The Congress on March 24 targeted Prime Minister Narendra Modi…
Rupee faces further losses after series of lows, says StanChart
The Indian rupee tested a series of record lows in recent weeks and Standard Chartered Plc. foresees more losses for the currency in the coming months. “The main two factors…
Rupee skids past 76 per dollar mark on relentless FII outflows, fear of hawkish Fed
NEW DELHI: The rupee weakened past the psychologically significant 76 per US dollar level on Wednesday, shedding as much as 0.3 per cent in early trade as fear of foreign…
Cross Currency: Why the rupee is on a roller coaster ride
The rupee is on a roller coaster ride. Last week, Indian rupee weakened by 47 paise as importers rushed to cover their dollar payables. It opened around the 73 mark,…