New Delhi: Is a ‘strong’ rupee necessarily good for India? In the Diwali weekend, a discussion on the dollar-rupee exchange rate highlights the volatility of Indian currency. The rupee’s value ...
(Close view of Indian bank notes, rupee arranged for photograph. Photo Source: Vijay Sartape/ NDTV Profit) The Indian rupee closed at a record closing low against the US dollar on Wednesday as the ...
MUMBAI, Oct 23 (Reuters) - The Indian rupee held its ground on Wednesday, supported by mild dollar sales by state-run banks that also blunted the impact of rising U.S. bond yields, which dragged ...
The agreement, signed in November 2022, focuses on the use of the digital rupee for remittances and trade. India's CBDC pilot boasts over five million users and involves 16 participating banks.
Sell-off pressure from foreign institutional investors and geopolitical tensions have taken the rupee to over 84 to a dollar. Listen to Story A falling rupee has once again begun to trouble ...
The Indian rupee, which fell past 84 to the dollar to hit a new record low this month, is on a downward path as geopolitical risks boost oil prices and as money flows out of local stocks amid a ...
Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers ...
MUMBAI, Oct 18 (Reuters) - The Indian rupee hit its all-time low on Friday pressured by equity outflows but managed to avert a sharp fall on account of sustained dollar sales from state-run banks ...
The Indian rupee may have been Asia’s worst-performing currency last quarter, but it is poised to be the most resilient to the dollar’s strength ahead of too-close-to-call US elections ...