MUMBAI: One-year outright forward rates for the rupee breached the 100 level intraday while the domestic currency slid to a new low of 96.96 in the spot during intra-day trade, before closing at 96.82, down 29 paise from its previous close of 96.53, reports Mayur Shetty.

Mumbai, May 19 (PTI) The rupee slipped to a fresh record low of 96.47 against the US dollar in intraday trade on Tuesday, pressured by rise in crude oil prices, strong dollar and…

Jateen Trivedi said that market participants continue to prefer dollar buying and rupee selling as a hedge against ongoing volatility, projecting a near-term trading range of…

MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and…

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…