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
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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
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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
expat remittances
Indian rupee falls to all time low on Thursday, plunging to 80.73 against US dollar
The fresh fall in rupee value has triggered expectations of another round of spike in remittances by expat Indians, especially from the Gulf region, to India
foreign remittances
Fiscal year-end demand, rising crude prices spook India rupee in the short-term
The rupee exchange rate is predicted to fall, and could reach 75 rupees against the dollar, which could spur higher remittances from the Gulf to India
dirhams to indian rupees
Indian rupee reaches 19.21 against the UAE dirham
Rupee slipped to lowest level since May 17 against the US dollar
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
dollar bond
India’s SBI raises $1.25bn from overseas bonds
Some analysts see the move as a proxy attempt by the government to prevent the rupee from falling again
dirhams to indian rupees
India retains top remittances position with $80bn sent home
Remittances to the MENA region are projected to grow by 9.1% to $59 billion in 2018
backwaters alleppey houseboat
Falling rupee attracts rising number of UAE tourists to India
Customised promotion packages are attracting visitors from US, Europe, Middle East, CIS counties and Australia
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
1 aed to indian rupees
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