Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
The Indian rupee weakened on Thursday as dollar demand from importers, including oil companies, outweighed the impact of a ...
The Indian rupee weakened to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in ...
The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
Rupee weakens against dollar due to strong American currency, high crude oil prices, and foreign fund outflows.
The rupee depreciated 21 paise to close at 86.61 against the US dollar on Thursday, dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. However, ...
Over the past month, Indian stocks have seen nearly $500 billion wiped off their market value. This marks the worst start to ...
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
The US PPI rose by 3.3% YoY in December, compared to 3.0% in November, the US Bureau of Labor Statistics reported on Tuesday.
Rupee rebounds against US dollar on positive inflation data, easing crude oil prices, and recovering equity markets.
The rupee opened at 86.57 and touched the intra-day high of 86.45 before closing for the day at 86.53 against the greenback, ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...