The Indian rupee fell to a record low on Monday after U.S. President Donald Trump slapped tariffs on imports from the country ...
The Indian rupee (INR) dropped to an all-time low of Rs 87.1450 per dollar, down 0.6% from Friday. It may be noted that the ...
The dollar index was up 0.3% at 109.8, while Asian currencies weakened, with the offshore Chinese yuan down 0.5% at 7.35 per ...
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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 ...
In a significant push to enhance the global usage of the Indian Rupee (INR) and local currencies for cross-border transactions, the Reserve Bank of India (RBI) has liberalised key regulations under ...
The Reserve Bank of India has implemented new rules to facilitate the use of the rupee in international trade and investment. These regulations allow overseas branches of authorised banks to open ...
Residents outside India can use the balances in their repatriable INR accounts, such as the Special Non-resident Rupee Account (SNRA) and SRVA, to settle legitimate transactions with other ...
The rupee has been falling like a knife – and several economists now believe that it can rip up hopes of an interest rate cut by the Reserve Bank of India in February. The pundits have been ...
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 ...
Investing.com -- UBS Group AG (NYSE:UBS) is advising investors to short the Indian rupee and reduce their holdings in the country's stocks. The Swiss banking institution's research division ...
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 ...