Tag: rupee

06 OCT

Indian rupee sinks to record low after central bank unexpectedly holds rates

Thomson Reuters India’s central bank unexpectedly left rates unchanged Friday. The  Indian rupee fell to a record low following the announcement.  Watch the Indian rupee trade in real time here. India’s central bank unexpectedly held rates steady at 6.5% on Friday sending the rupee to a record low.  More than half of analysts surveyed by […]

14 AUG

India’s rupee hits an all-time low as the Turkish lira crisis spills over to other currencies

Thomson Reuters The Indian rupee briefly fell to an all-time low of 70.1 per US dollar in Tuesday trade. Indonesia’s currency also fell to a multi-year low as government ministers discussed strategies to prop up the currency. JP Morgan’s emerging markets foreign exchange index is on track for its biggest monthly fall in six years. […]