Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...
The rupee experienced its strongest single-day gain since June 2024, closing at Rs 86.36 against the US dollar, bolstered by ...
The current wave of FPI selling began in October after China's stimulus measures propelled its markets, which were trading at ...
The noted economist argued that higher import duties would curb the demand for dollars from importers and help arrest the ...
At the interbank foreign exchange, the Indian rupee opened at 86.57 and pared further losses to trade at 86.49 against the US ...
Government sources highlighted that the rupee depreciation will enhance India's export competitiveness in global markets, ...
Weakening rupee poses inflation threat, impacting import bill and rate review deliberations by RBI's Monetary Policy ...
This decline follows a significant surge in 2023, when foreign loans more than doubled from $14.38 billion in 2022, marking the sharpest increase in over a decade ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
On Tuesday, the rupee rebounded from its lowest-ever level and settled with a gain of 17 paise at 86.53 against the dollar.
The rupee closed at a new lifetime low of 86.55 on January 14, according to the Reserve Bank of India, having fallen 2.6 per ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...