The Indian rupee fell to 84.6075 per US dollar in early trading on Monday, weakening past its previous all-time low of 84.5075
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Falling rupee, festival season to push up remittances by Gulf-based expat Indians
Currency market experts expect rupee to cross ₹84 per dollar in near-term basis, fuelled by a multi-week high rise in dollar index and crude prices
dirhams to indian rupees
Indian rupee hits lowest in last 11 months, falls below 83 against US dollar
Market analysts see rupee losing further grounds against the US currency on a near-term basis on the back of the rising trend in global crude prices
dollar indian rupees
OPEC+ decision could cause Indian rupee to plummet to ₹85 and impact expat remittances
A plunge in rupee value will, however, will be good news for NRIs, especially from the Gulf region, as they can get more bucks for each dollar remitted
currency
Indian rupee predicted to see sharp fall in first quarter to almost 85 per US dollar
The plunge in rupee value is expected to trigger a major spike in remittances by Gulf-based non-resident Indians in the coming months
currency crisis
Indian rupee slips to an all-time low against US dollar
The rupee is currently at 82.80 on Friday, but is expected to go well below 83
currency crisis
Rout in rupee continues, Indian currency plunging to record low of 82.70 against US dollar on Monday
Currency market experts predict further weakening of rupee in near-term basis due to anticipation of aggressive tightening by the US Federal Reserve and predictions of crude prices ending this week with major gains
air travel
Air travel between India and Middle East to cost more as Indian carriers plan steep hike in airfares
Move follows a 16 percent increase in aviation turbine fuel (ATF) prices in India on Thursday – the 10th straight increase in 2022. Sinking rupee value also adds to the Indian carriers’ operating costs, as many of their costs are dollar-linked
currency market
Plunge in rupee value to push up remittances from Gulf-based expat Indians
Rupee was trading at 78.05 INR to US dollar and 21.25 INR against AED in the early trading hours on Tuesday
Anarock Group
Weak rupee, price discounts lure Gulf-based expat Indians to Indian property market in large numbers
Eagerness to own a house back home in the wake of the pandemic-induced uncertainties is also adding to the current demand spike from NRI buyers
dollar indian rupees
Remittances from the Gulf to India flow fast as rupee falls in value
Indian rupee ended at 75.05 against the US dollar as trading closed on Monday, lower by 187 paise or 2.55 percent from the previous Monday, posting one of its sharpest falls in recent months
currency crisis
Rupee set to continue its slide against the dollar
The falling rupee value has added to the loss of foreign investors in the Indian stock market
currency market
Rupee slides against US dollar amid pressure from fiscal deficit, elections
Rising crude prices and uncertainty about the outcome of India’s ‘Election 2019’ will also have negative impact on rupee
currency crisis
Rupee’s latest fall impacted by India’s Central Bank rates decision
The rupee, which has fallen for six straight months in the longest stretch since 2002, is seen sliding to 75 per dollar by year-end
BSE Sensex
Indian stock market volatility set to continue this quarter
Thousands of Indian expats working in the UAE have their savings in stocks in India mainly through Mutual Funds
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Indian rupee to continue fall past Rs20 vs AED1 in Q4, early 2019, experts say
The COO of Xpress Money said the exchange rate means its an “ideal time” for expats in the UAE to send money home
