Finance Minister Nirmala Sitharaman rejected criticism of the rupee's decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...

It will also conduct a 56-day variable rate repo (VRR) auction of ₹50,000 crore on 7 February and a dollar-rupee sell swap auction of $5 billion for a tenor of six months on 31 January.

The rupee's recent depreciation against the US dollar has boosted Indian IT companies' profitability in Q3 2024. However, the unpredictable movement of other currencies like the euro and pound, ...

The Reserve Bank of India (RBI) has spent $77 billion from its foreign exchange reserves through intervention in the spot market to defend Indian rupee from falling sharply. Due to this ...

The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...

Along with being a Grammy-winning R&B legend and global music icon, Mary J. Blige is a twice-Oscar-nominated actress and prolific film and TV producer through her Blue Butterfly Productions label.

Let the rupee find its own level — that was the broad message conveyed by senior economists to the Reserve Bank of India (RBI) Governor Sanjay Malhotra in a meeting in Mumbai on Friday. Economists are ...

And tonight, the Queen of Hip-Hop continues her movie collaborations with the Lifetime network — Mary J. Blige's Real Love premiered on Lifetime on Saturday, June 10, 2023, with Mary J. Blige's ...

While the rupee has depreciated by only around 5% in the last two years, it has fallen over 20% since January 2020, making it one of the weakest-performing currencies in South and Southeast Asia, ...

The Indian rupee appreciated 26 paisa to 86.32/dollar, driven by a global retreat in the USD index and central bank interventions. The Reserve Bank of India’s dollar-rupee swaps impacted forward ...

Former RBI governor Raghuram Rajan says rupee's fall is due to dollar's rise and RBI intervention can harm Indian exports. He urges policymakers to focus on jobs and consumption. Davos, Jan 23 (PTI) ...

The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the ...