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 dollar index witnessed a sharp fall last week. That aided the Indian rupee to get a breather and recover. The index fell by 1.7 per cent, breaking below the intermediate support level of 108.
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the U.S. dollar on Friday (January 17, 2025), as massive outflow of foreign funds and falling domestic ...
On Thursday, the rupee depreciated 21 paise to close at 86.61 against the US dollar. In two back-to-back sessions, on Tuesday and Wednesday, the local unit had gained 30 paise from its lowest-ever ...
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 story so far: In the last week of December, 2024, the rupee breached the 85 mark against ... any currency in the foreign exchange market. One of the most important determinants of the supply ...
Forex traders noted that the firm American currency had a notable influence on the rupee's fall. The dollar index, which measures the greenback's strength against six major currencies, rose by 0.03 ...
The 1-month non-deliverable forward indicated that the rupee will open at 85.62-85.63 against the U.S. dollar, compared with its previous close of 85.6150. Advt The local unit dipped to its sixth ...
MUMBAI, Jan 1 (Reuters) - The Indian rupee is likely to open flat-to-slightly-lower on Wednesday, with traders expecting the currency to weaken gradually in the near-term as a hawkish Federal ...
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 ...
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