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Rupee slips to record low as maturity of NDF positions spurs dollar bids
The rupee declined to 86.5950 against the U.S. dollar, inching past its previous lifetime low of 86.5825 hit on Monday. The dollar index was up 0.1% at 109.6, hovering close to a two-year peak ...
Reuters1mon
Rise in US bond yields, strong NDF dollar bids push rupee to record low
MUMBAI, Jan 9 (Reuters) - The Indian rupee hit a lifetime low on Thursday, pressured by a rise in U.S. bond yields and strong dollar bids in the non-deliverable forwards (NDF) market while the ...
Reuters28d
Rupee slips to record low as maturity of NDF positions spurs dollar bids
MUMBAI, Jan 14 (Reuters) - The Indian rupee weakened to its lifetime low on Tuesday, pressured by strong dollar bids spurred by the maturity of positions in the non-deliverable forwards (NDF ...