The central bank’s stated objective is to maintain orderliness and stability, without compromising market efficiency, RBI ...
The depreciation of the Indian rupee has a dual impact on the economy, presenting both advantages and disadvantages. On the ...
The 1-month non-deliverable forward indicated that the rupee will open at 87.90-88.00 to the U.S. dollar, compared to its ...
MUMBAI (Reuters) - The Indian rupee was marginally weaker on Friday as the impact of heightened dollar demand ... Investors will now keep a close eye on the inauguration of U.S. President-elect ...
As India’s currency drops to a new low, export prospects brighten, even if inflation risks rise. Is RBI allowing a freer slide? Is growth now a bigger concern than price stability? We’ll know soon.
Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global ... Since January 16, last year, the Indian Rupee (INR) has weakened by 4.71 ...
MUMBAI (Reuters) - The Indian rupee ... The dollar index was last quoted at 109.5, having cooled off its two-year peak, which helped most Asian currencies nudge higher. Investors now await the ...
In speeches and tweets, Modi, the then Gujarat chief minister, had taken the Centre to task over the exchange rate between the rupee and the US dollar increasing in favour of the American currency.
The weaker rupee will push the country's import bill due to higher payments for crude ... has weakened by 4.71 per cent against the US dollar, falling from Rs 82.8 to Rs 86.7. In the last ten ...
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