neutral
Rupee Slips to 89.64 as Dollar Strength Intensifies Globally
USD/INR traded at 89.6410 during November 21–22 sessions, marking a 1.070% daily rise. The rupee has weakened 5.08% over twelve months and 2.17% across the past month. The all-time high of 88.97 set in September remained close as tariff concerns and persistent capital outflows weighed on sentiment. Forecast models from projected levels of 88.52 by quarter-end and 87.42 over the next year.
Tags:
- forex
- inr
neutral
Rupee Slips to 89.64 as Dollar Strength Intensifies Globally
USD/INR traded at 89.6410 during November 21–22 sessions, marking a 1.070% daily rise. The rupee has weakened 5.08% over twelve months and 2.17% across the past month. The all-time high of 88.97 set in September remained close as tariff concerns and persistent capital outflows weighed on sentiment. Forecast models from projected levels of 88.52 by quarter-end and 87.42 over the next year.
Tags:
- forex
- inr
Breaking
neutral
Rupee Slips to 89.64 as Dollar Strength Intensifies Globally
1 min read
62 words
The rupee hovered near record lows at 89.64 against the dollar amid capital outflows and tariff concerns affecting broader currency sentiment.
USD/INR traded at 89.6410 during November 21–22 sessions, marking a 1.070% daily rise. The rupee has weakened 5.08% over twelve months and 2.17% across the past month. The all-time high of 88.97 set in September remained close as tariff concerns and persistent capital outflows weighed on sentiment. Forecast models from projected levels of 88.52 by quarter-end and 87.42 over the next year.
USD/INR traded at 89.6410 during November 21–22 sessions, marking a 1.070% daily rise. The rupee has weakened 5.08% over twelve months and 2.17% across the past month. The all-time high of 88.97 set in September remained close as tariff concerns and persistent capital outflows weighed on sentiment. Forecast models from projected levels of 88.52 by quarter-end and 87.42 over the next year.
Tags:
- forex
- inr
- forex
- inr
- usd
- markets