Pith Wave Signal

3 stories tagged #Indian rupee

Newest Most read
  1. RBI Sells $9.8B as Rupee Plunges 4% in March, Sharpest Drop Since 2019
    finance

    RBI Sells $9.8B as Rupee Plunges 4% in March, Sharpest Drop Since 2019

    The Reserve Bank of India intervenes aggressively as the rupee suffers its steepest monthly decline in seven years, driven by the Iran conflict and surging crude prices.

    last wk. 2 min read
  2. RBI Revives Pre-Market Intervention to Stem Rupee's Slide
    finance

    RBI Revives Pre-Market Intervention to Stem Rupee's Slide

    The Reserve Bank of India is actively selling dollars before official trading hours and capping bank positions to stabilize the rupee near record lows of 95-96 per USD.

    last wk. 1 min read
  3. Asian Currencies Hit Multiyear Lows as Oil and Yields Surge
    finance

    Asian Currencies Hit Multiyear Lows as Oil and Yields Surge

    Rising crude prices and US Treasury yields are driving capital back to the dollar, pressuring Asian currencies.

    2w ago 2 min read