India's rupee fell to a six-month low and bonds dropped after the Federal Reserve flagged the possibility of trimming its debt purchases, raising concern inflows to higher-yielding emerging-market assets will slow.

The U.S. dollar was at its highest for nearly nine months against the Indian rupee on Thursday on suggestions the U.S. Federal Reserve could taper its economic stimulus.

The rupee today fell below 56-level against dollar during intra-day amid the US currency's sustained gains against major rivals overseas.

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Most emerging Asian currencies on Thursday fell as a weak China manufacturing survey increased concerns over the world's no. 2 economy, adding to pressure on regional units generated by prospects of reduced inflows if the Federal Reserve scales back ...

The rupee today declined by a hefty 37 paise to trade at a fresh six-month low of 55.83 in early trade at the Interbank Foreign Exchange market on sustained dollar demand and strengthening of the US currency overseas.

Buy Indian rupee; target 56.20-56:50: Way2Wealth. Way2Wealth has come out with its technical report on currencies. The research firm has advised to buy Indian Rupee (USDINR) for target of 56.20-56:50 with a stop loss of 55.30. Way2Wealth · More about ...

As seen in the below bar chart, out of 12 times, Rupee has depreciated nine times with biggest decline of more than 3 percent that was witnessed last year, correspondingly Indian benchmark indices fell by more than 7 percent. The fall in Indian ...

Continuing its slide in the month of May, the Indian rupee slipped an eight months low Thursday morning, declining to Rs55.87 against the US dollar (Rs15.21 against the dollar-pegged UAE dirham) at 8.20am UAE time (4.20GMT).

Indian rupee hits 6-month low at 55.41 on firm dollar. Indian rupee touched nearly a six-month low of 55.41 depreciating 30 paise on sustained dollar demand from importers and weakness in equity shares.