This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...
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 ...
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 ...
MUMBAI, Jan 16 (Reuters) - Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking system daily, which bankers said would reduce ...
Photo Credit: SUSHIL KUMAR VERMA Ahead of the next meeting of the RBI’s Monetary Policy Committee (MPC), a weakening rupee poses a new threat to inflation. Economists believe that any rise in ...
The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend ...
The Indian rupee rebounded from its lowest-ever level and settled 17 paise higher at 86.53 against the US dollar on Tuesday, January 14, after the American currency retreated from a record high ...
This discovery has sparked widespread attention, as experts estimate the gold's value to be around 600 billion Pakistani rupees. If verified, this finding could bring significant economic benefits ...
With rupee logging its steepest single-day fall in nearly two years against the U.S. dollar on Monday, the Opposition slammed Prime Minister Narendra Modi-led government, blaming its ...
Indian rupee falls to new lifetime low of Rs 86.48 on January 13. (Image: Instagram) The Indian rupee slid to an all-time low of 86.4850 per dollar on Monday as the dollar index inches up.
Indian rupee touched an all-time low against US dollar. At the time of filing this report, the rupee was trading at 86.40 against US dollar. Experts say the volatility trends show that the rupee ...
MUMBAI, Jan 13 (Reuters) - The Indian rupee slumped to a fresh all time-low and logged its biggest single-day decline in nearly two years on Monday, bogged down by a surging U.S. dollar ...