Escalating Middle East conflict fuels demand for safe-haven U.S. dollar, poised for steepest weekly gain in over a year. Rising oil prices and inflation risks are impacting the euro and yen.

The Indian rupee continued its crash today, March 12, reaching its lowest level on record. The USD/INR exchange rate jumped to a record high of 92.28, up by 10% from its lowest level in April last ...

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At the interbank foreign exchange, the rupee opened at 87.38, then touched an early high of 87.34, registering a gain of 18 paise over its previous close.

The Reserve Bank of India was likely selling dollars to support the rupee on Thursday as the currency remained under pressure in the face of persistent portfolio outflows and was hovering near its all ...

The Indian rupee (INR) has been under sustained pressure against the United States dollar (USD), recently breaching record lows and hovering near critical psychological and economic thresholds.

When the rupee went to 87 units against the dollar, the market call was that it would cross 88. Once this mark was reached, the call was 89, with some even speaking of the rupee hitting 90. Several ...