India's forex reserves decline USD 571 mln to USD 563.5 bln
In October 2021, the country's foreign exchange kitty had reached an all-time high of USD 645 billion.
Source: india.com
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Top News In Rupee Slide Today - Breaking & Trending Today
Rupee's Free Fall Against Dollar Piles On Pressure On Indian Startups
A weak rupee will slow down growth for Indian startups and lead to adjustments in their dollar valuations dislodging some from unicorn club
Source: inc42.com
RBI Helps Indian Rupee Steady After Striking Record Low Seven Sessions In A Row
Like most Asian currencies, the rupee has been falling in recent months as risk aversion has risen on expectations of the US Federal Reserve raising rates aggressively to curb high inflation and prompting investors to flee riskier assets, , indian rupee, reserve bank of india, rupee slide
Source: businessworld.in
Rupee Plunges To 78.40 Per Dollar, A New All-Time Low
The Indian Rupee fell by 25 paise to close at 78.38 (provisional) against the US dollar
Source: ndtv.com
How the rupee's slide will impact India's economy
Multiple forces have been pulling the Indian rupee down, including the exit of foreign portfolio investors, the rising cost of international crude oil prices, and a strong dollar. Mint explains the implications of the decline in the Indian currency.
Source: livemint.com