The Indian rupee traded about flat versus the US dollar today following an interest rate cut from India’s central bank. The bank loosened its monetary policy to support economic growth, which is struggling amid the global economic slowdown.
India — News Archive
India’s GDP Growth Slows to Lowest in Six Years, Rupee Unfazed
August 30, 2019 at 22:19 Indian Rupee
The Indian rupee managed to gain on the US dollar today despite India’s relatively weak economic growth demonstrated last quarter.
Indian Rupee Weakens After Central Bank Cuts Interest Rates
August 7, 2019 at 16:15 Indian Rupee
The Indian rupee fell against the US dollar today after India’s central bank cut interest rates.
Rupee Falls After India Announces Tariffs on US Goods
June 17, 2019 at 10:39 Indian Rupee
The Indian rupee fell against the US dollar today after India decided to enter a trade war with the United States.
Indian Rupee Falls vs. US Dollar After RBI Cuts Interest Rates
April 4, 2019 at 10:30 Indian Rupee
The Indian rupee fell against the US dollar today after India’s central bank decided to cut interest rates at today’s monetary policy meeting.
USD/INR Declines Following Thursday’s Interest Rate Cut
February 8, 2019 at 12:58 Indian Rupee
The Indian rupee traded higher versus the US dollar today following yesterday’s unexpected interest rate cut by the Reserve Bank of India.
Brazilian Real Sinks as Political Scandal Emerges
May 18, 2017 at 18:32 Brazilian Real
The Brazilian real sank about 7% during the current trading session after allegations were made that the country’s President Michel Temer made an attempt to bribe a witness in a graft probe.
Rupee Weakens as India’s Economic Growth Slows
February 8, 2016 at 15:44 Indian Rupee
The Indian rupee fell against the US dollar today among concerns about India’s slowing economic growth and the bout of risk aversion on the Forex market.
Indian Rupee Weaker After Central Bank Cuts Interest Rates
June 3, 2015 at 1:34 Indian Rupee
The Indian rupee was down a little against the US dollar following yesterday’s decision of India’s central bank to reduce interest rates in order to support economic growth.
Indian Rupee Stronger After RBI Policy Meeting
April 8, 2015 at 1:23 Indian Rupee
The Indian rupee managed to gain against the US dollar today following yesterday’s monetary policy meeting. While India’s central bank retained its dovish bias, it was not yet ready to make another reduction of borrowing costs.