Today news
About the same in other media
Rupee falls to 83.2850/USD, lowest in one year
Reading now: 215
rupee fell to 83.2850 against the U.S. dollar on Wednesday, its weakest level in a year, pressured by a drop in most Asian currencies.
But likely intervention from the Reserve Bank of India (RBI) capped further losses, traders said.
The RBI likely sold U.S. dollars near 83.28 levels but the intervention was not aggressive, a foreign exchange trader at a private bank said.
The RBI has routinely intervened to prevent the rupee from breaching its lifetime low of 83.29.
About this in other media
Rupee logs best day in nearly 2 months on hopes of Fed policy pivot economictimes.indiatimes.com /1 year ago
One year after FTX imploded, here's how crypto is changing economictimes.indiatimes.com /1 year ago
ASEAN Defence Ministers' Meeting Plus: Rajnath to visit Indonesia economictimes.indiatimes.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
