India's central bank is likely conducting buy/sell dollar-rupee swaps in addition to selling spot dollars to support the rupee, three traders told Reuters on Thursday.
Having slid about 3% in 2024 and another 2% so far this year, the rupee is expected to trade around 87.23 per dollar at ...
The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exerts relentless downward ...
Beacon has launched a feature allowing direct bill payments to India in Canadian dollars from their Beacon Money account.
Beacon's India Bill Pay is a pioneering cross-border bill payment solution for immigrants, providing a seamless way for ...
The Indian stock market suffered significant losses in the early trade on Monday, February 3, with the Sensex falling over 700 points and the Nifty 50 plunging to a level below 23,250 amid weak global ...
The depreciation of the Indian rupee has a dual impact on the economy, presenting both advantages and disadvantages. On the ...
The Indian rupee plunged to an all-time low of 87.29 versus the US dollar on Monday (Feb 3) as the currency felt the heat of ...
Live: Union finance minister Nirmala Sitharaman presented the first full budget of Modi government 3.0. Sitharaman announced ...
Sri Lanka's private credit expanded 789.6 billion rupees in 2024, compared to a 47.7 billion rupee contraction in 2023 in a ...