The Indian rupee strengthened today after the Indian central bank kept its key interest rate unchanged in an effort to support the nation’s economy and the currency, but outlook for the rupee remained bearish.

The Indian rupee weakened today on the speculation that the currency will continue its awful performance in the next year even as the nation’s central bank has taken steps to bolster the Indian currency.

The Indian rupee gained today, following yesterday’s drop to the all-time low, as the nation’s central bank stepped in, announcing measures to curb the volatility on the foreign-exchange market.

The Indian rupee reached the record low price versus the US dollar yesterday as the nation’s industrial production declined and Europe deterred investors from buying riskier currencies of emerging markets.

The Indian rupee fell today, reigniting the speculation that the nation’s central bank will intervene to support the currency as the excessive depreciation of the rupee may lead to a surge of the inflation.

The Indian rupee rose today despite the speculation that the slowing economic growth will cause India’s central bank to pause its interest rate hikes.

The Indian rupee rebounded today after seven sessions of decline on the speculation that the central bank will intervene to stem the currency’s losses, but resumed its drop later.

The Indian rupee sank today as the negative outlook for the country’s economy and the unfavorable developments in the global economy hurt the prospects for the currency.

The Indian rupee climbed today after the previous decline as the currency’s weakness spurred the speculation the central bank will intervene to support the currency and trim the inflation.

The Indian rupee fell below 50 per a dollar today on the signs of an economic slowdown in India, spurring the speculation that the nation’s central bank may intervene to support the currency.