Wednesday, November 4, 2026
9.5 C
London

Despite gains since October, rupee still trails its Asian peers in 2026 | Economy & Policy News


currencies

The Indian rupee has gained against the US dollar since October but remains among Asia’s worst-performing currencies in 2026

The dollar weakened after the Democrats won the US mid-term poll. The rupee which also gained on Wednesday, along with some Asian currencies is one of the worst performing Asian currency in 2026, depreciating over 5 per cent against the dollar.

Since October, however, the rupee has gained 1.25 per cent against the US dollar following regulatory measures by the Reserve Bank of India to curb speculative bets in the derivative segment.

  

First Published: Nov 04 2026 | 11:24 PM IST



Source link

Hot this week

Oil prices plunge 10% as US midterm results raise hopes of Iran war’s end | World News

By Mia Gindis, Charles Gorrivan and Grant Smith Brent oil...

Gaua and Rah Welcome the Historic Tourism Solar Project across TORBA Province, Vanuatu to Revolutionise Remote Island Escapes

Image generated with AiVanuatu and TORBA Province islands Gaua,...

Amul hikes ghee prices by ₹40 per litre, butter by ₹15 on higher costs | Industry News

Amul has increased the price of its one-litre ghee...

Dozens of investors report unauthorised trades in Borderless accounts | Markets News

Several investors of Borderless (formerly Stockal) have approached authorities...

Govt gets $400 billion in renewable energy investment commitments: Joshi | Economy & Policy News

The government has received long-term investment commitments of...

Topics

spot_img

Related Articles

Popular Categories

spot_imgspot_img