A vermilion dot on the forehead is one of India’s most widely accepted Hindu cultural insignias. But at the festival, where millions are flocking to pray and bathe at the confluence of India’s holy ...

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The rupee resumed its slump against the greenback on Thursday as ... "The dollar index hovered around the 109.1 level after signs of cooling inflation in the US, which reinforced market expectations ...

The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...

On Tuesday, it had closed at 86.64 per dollar. “Adding to the rupee’s momentum was a decline in forward premia, with the one-year forward yield slipping below 2.50 per cent. This made holding the ...

The Indian rupee's decline to a historic low of 86.59 against the US dollar on Monday has stirred concerns, but former Reserve Bank of India (RBI) Governor Raghuram Rajan has provided a measured ...

India’s new central bank governor, Sanjay Malhotra, appears ready to let the rupee move more freely against regional peers while still intervening to curb sharp volatility, according to a ...

This recovery follows Tuesday’s (January 14's) close at 86.64 and comes after the rupee hit an all-time low of 86.6475 earlier in the week. The currency has weakened by 1.2% this month, with its ...

Many economists felt that rate setting body will wait for one more set of inflation data ... s Monetary Policy Committee (MPC), a weakening rupee poses a new threat to inflation.

The rupee hit a new low of 86.63 against the dollar ... rather than aggressive one-time increases. While the central bank is tasked with managing interest rates and the exchange, the overall ...

The Indian rupee hit an all-time low of 86.6475 on Tuesday due to strong dollar bids, partially spurred by maturities in the NDF market. RBI intervention helped limit losses. The rupee saw its ...