MUMBAI (Reuters) - The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the rupee and ...
The rupee stayed in the red, opening down 6 paise on December 31, as the year-end dollar demand from importers and pressure from sell-off in equities by foreign portfolio investors weighed on the ...
The Indian rupee fell for a seventh straight year in 2024, largely due to headwinds in the last quarter, including Donald Trump's U.S. election victory-spurred surge in the dollar, while locally, ...
Joe Biden on Monday repeated the word three times while speaking to reporters about his late White House predecessor. Biden, who will be replaced in the White House by Donald Trump on January 20, ...
Rupee Hits Record Low, Breaches 85 Against US Dollar Following Hawkish US Fed Comments; What's Next? Rupee Appreciates Sharply Against US Dollar From Early Record Low, Thanks To RBI's Liquidity ...
Rupee Hits Record Low, Breaches 85 Against US Dollar Following Hawkish US Fed Comments; What's Next? Rupee Appreciates Sharply Against US Dollar From Early Record Low, Thanks To RBI's Liquidity ...
MUMBAI (Reuters) – India’s central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists said, with the currency at its strongest against peers ...
The rupee faced its sharpest intraday decline in two years on Friday, before recovering some losses, after coming under pressure from month-end dollar demand by importers, as well as maturing ...
Gold prices and the Pakistani rupee both experienced a decline on Friday, a rare occurrence as the two typically move in opposite directions. While gold prices fell in line with international ...
The Rupee partially recovered from a fresh low of 85.81 against the greenback on December 27 to settle at 85.53, extending the fall for the ninth day in a row. This was the worst single-day ...
The Rupee fell steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected Central bank intervention helped recover some of its losses and settled 23 paise lower at a ...
The rupee hit a fresh low against the US Dollar, continuing a sharp intraday fall on Friday, December 27. Rupee posted its biggest single-day fall in two years, tumbling to a record low of 85.81 ...