MUMBAI, Feb 11 (Reuters) - The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could deter heavy speculative positioning against ...
MUMBAI, Feb 7 (Reuters) - The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.
At the interbank foreign exchange, the rupee opened at 86.46 and moved between high of 86.38 and low of 86.52 against the greenback during the session. The local unit settled at 86.47 (provisional) ...
The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the ...
In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for non-resident Indians for settling current and capital account transactions with ...
For every rupee the government collects, here’s a broad approximation of how it is divided (based on FY 2022-25 Budgets): Taxes: About two-thirds of the government’s income comes from taxes.
Targeting Prime Minister Narendra Modi over the falling value of the rupee against the U.S. dollar, the Congress on Friday (January 24, 2025) said the currency has fallen by 50% over the past decade.
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The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...
The Reserve Bank of India (RBI) has spent $77 billion from its foreign exchange reserves through intervention in the spot market to defend Indian rupee from falling sharply. Due to this ...
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. UBS Group AG is recommending to short ...
Welcome to the Sri Lankan Rupee exchange rate & live currency converter page. The Sri Lankan Rupee (LKR) exchange rates represented on this page are live, updated every minute within the forex ...