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The "Trump Tantrum," referring to the impact of Donald Trump's presidency on the Indian rupee, is likely to be a short-term phenomenon, says a report by State Bank of India.
This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the ... constraint that emerged in the Indian economy since the latter half ...
Industrial growth, the stock market and the rupee are sinking ... “Foreign investment has taken the call that the Indian stock market is overvalued,” Mr. Roy said. “It’s quite logical ...
MUMBAI (Reuters) - The Indian rupee and its Asian peers will be influenced by developments surrounding U.S. President-elect Donald Trump's inauguration on Monday, with traders keenly focussing on ...
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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 ...
Former RBI chief Raghuram Rajan addressed concerns over the Indian rupee hitting an all-time low, noting the dollar's strength against multiple currencies. He stated that the depreciation of the rupee ...
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 ...
The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.
The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a ...
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 ...