Rupee

Historic Decline: Rupee Plummets To Unprecedented Low

Historic Decline: Rupee Plummets To Unprecedented Low

Recently, the Indian currency rupee hit an all-time low of Rs 84.1725 against the US currency dollar, down 0.07% from its previous close at Rs 84.1075. Analysts share insights about it and say that Donald Trump’s victory in the US elections will likely affect the rupee adversely as his inflammatory policies might further strengthen the…

Indian Rupee: Best Performing Currency In Asia in 2024

Indian Rupee: Best Performing Currency In Asia in 2024

The Indian rupee has made history after being named the best-performing currency in Asia so far in 2024.  After an extremely safe and stable 2023, the Indian rupee has started 2024 on a promising note. The Indian rupee appreciated by 0.1% in the first month of 2024.  This comes as a surprise as most of…

Rupee Falls To 82.73/$: The Biggest Fall In Four Months

Rupee Falls To 82.73/$: The Biggest Fall In Four Months

A sharp fall in the Rupee was registered against the US Dollar, with the value stooping to 82.73/$. This is the lowest value registered as of September 2022. Due to the appreciation of the dollar value, not only the Rupee but other Asian currencies like the Korean Won and the Thai Bhat saw a steep…

Rupee Plunged To A Record Low – Fuel Price In India Is Expected To Rise

Rupee Plunged To A Record Low – Fuel Price In India Is Expected To Rise

The Indian Rupee has dived a record low of 77.02 against a US dollar on Monday, and as per a poll conducted by Economic Times, it is further expected to plunge around 80 in the next few days. This record decrease in Rupee’s value is a consequence of the crude oil hike in the global…