Global investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven by rising oil import costs due to the US-Iran conflict and investor preference for the greenback. The rupee's decline has already eroded local gains for foreign funds, prompting concerns about potential central bank intervention.

India's foreign exchange reserves have dropped significantly as the Reserve Bank of India intervenes to manage rupee volatility. Surging crude oil prices and foreign investor…

Experts warn the Indian rupee may slide to 100 per USD amid rising crude prices and foreign investor outflows.

The Indian Rupee reached a new record low against the US Dollar on Tuesday. Elevated crude oil prices and the ongoing conflict between the US and Iran impacted the currency.…

Global investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven by rising oil import costs due to the…

The rupee fell to a new closing low of 96.83 against the dollar as persistent foreign institutional investor outflows, rising crude oil prices, and global risk aversion weighed…

The Indian rupee has crossed the Rs 100 per US dollar mark in its one-year forward rate. This comes as the spot market saw the rupee hit another historic low. Unabated dollar…