Over the past five decades, equity and fixed-income markets have delivered decent returns despite the declining value of the rupee. For the past nine months or so we’ve been seeing headlines ...
The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar, touching an all-time low of 85.81. The currency depreciated about 3% in 2024 ...
New Delhi: The cost to manufacture a one-rupee coin is more than its value. According to a report in 2018, the cost of minting a one-rupee coin amounts to Rs 1.11. The disclosure was made by the ...
The rupee weakened a shade to close at a record low of 85.6450 per US Dollar (USD) on Wednesday, the first day of trading in 2025, with importer demand for the greenback and USD’s strength ...
MUMBAI, Jan 21 (Reuters) - The Indian rupee strengthened on Tuesday after Donald Trump held off on implementing trade tariffs on his first day as U.S. President but said he is considering levies ...
MUMBAI, Dec 30 (Reuters) - The Indian rupee is poised to rise on Monday, building on the momentum from the previous session in which the central banks' interventions prompted the exit of ...
On Monday, the rupee dropped 4 paise to 85.52 against the US dollar. The domestic unit has depreciated against the greenback by almost 3 per cent from 83.16 on December 29, 2023, to 85.65 on ...
MUMBAI, Dec 30 (Reuters) - The Indian rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-based dollar bids amid a ...
President Donald Trump's return to office could be inaugurating a new landscape in cryptocurrency. Just two days after launching the new $TRUMP cryptocurrency meme ...
The rupee depreciated 13 paise to close at a fresh record low of 85.65 (provisional) against the U.S. dollar on Tuesday (December 31, 2024), ending the year with a sharp 3% loss on significant ...
The rupee's relative overvaluation is a potential drag on India's exports. Traders will also watch out for any potential changes in the RBI's forex intervention strategies over 2025 under the its ...
The rupee closed at 86.5775 against the U.S. dollar, down from its close of 86.5675 in the previous session. While the local ...