Currency Exchange News

Indian rupee hits record low against UAE dirham due to trade deficit woes

Just before forex markets shut on Monday, data released by India's commerce ministry showed that the country's trade deficit widened to record levels

Indian rupee gains slightly against UAE dirham on Friday

The central bank's policy decision will be also be key for dollar-rupee forward premiums, traders said

Indian rupee declines to all-time low, in currency's biggest percentage fall in months

The rupee fell by 0.25 per cent on Monday in the wake of India's disappointing GDP data

Indian rupee slips, RBI likely selling dollars to support currency, traders say

The dollar index was lower by 0.2 per cent at 105.8 while most Asian currencies rose

Indian rupee drops to another record low against UAE dirham

The currency was at Dh23.02 as of 10.40 am IST

Indian rupee hits new all-time low against UAE dirham

Likely intervention by the Reserve Bank of India helped the currency limit its losses, with traders citing strong dollar offers from state-run banks

Indian rupee slips to record closing low but fares better than Asian peers

The dollar has surged since Donald Trump's victory in the US presidential election, hurting emerging market assets

Indian rupee pinned near record low, state-run banks' dollar sales cap weakness

The currency declined to a record low of 23 against the UAE dirham on Tuesday

Time to remit? Indian Rupee slips to new record low against UAE dirham

While the US election may have a "sizeable impact on equities, the RBI is likely to keep rupee volatility in check," a trader with a large private bank said

Remit now? Indian rupee at 22.9 per UAE dirham amid volatility trends ahead of US election

The currency has been pinned near record low levels for much of the week amid a rise in US bond yields