Rupee falls 14 paise to 64.52 as RBI keeps rates unchanged, raises inflation forecast

Rupee falls 14 paise to 64.52 as RBI keeps rates unchanged, raises inflation forecast

The rupee weakened further by 14 paise to close at 64.52 against the US dollar after the Reserve Bank decided to keep rates unchanged and raised the inflation forecast on Wednesday. Besides, heavy capital outflows in anticipation of rate hike...
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Rupee sheds 7 paise at 64.15

Rupee sheds 7 paise at 64.15

MUMBAI, MAY 17:   The rupee failed to maintain its strong initial gains and ended lower by 7 paise at 64.15, the second consecutive session fall against the US dollar due to sustained demand for the American currency from importers. However,...
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Rupee Dives 26 Paise To 66.68 Against Dollar

Rupee Dives 26 Paise To 66.68 Against Dollar

This is the biggest one-day fall in the rupee since August 3, 2016. Mumbai: In line with domestic stock market, the rupee on Friday tumbled by 26 paise to end at 66.68, posting its biggest single-day drop in five weeks,...
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