Usually, a 1% depreciation in the rupee improves operating margin by 15-20 basis points for Indian IT companies. However, such gains are going to be limited owing to cross-currency headwinds.

India’s Rupee Will Endure Dollar Strengthening, Sitharaman Says. RBI is making efforts to contain the rupee volatility: FM; Cryptocurrency, climate action on agenda during G20 presidency ...

Related: Millions line up at Indian banks to swap rupee notes. A new 2,000 rupee note has been issued by India's central bank as the government battles corruption. Expat Indians may have to return.

The Indian rupee firmed to a more than three-week high by Friday afternoon as the U.S. dollar remained under pressure on bets the Federal Reserve would ... hike seem more likely than a 50 bp hike.

The Indian rupee hit more than a five-week high on Tuesday, as under-hedged exporters dashed to cover their positions, while falling U.S. Treasury yields kept the dollar in check amid recession fears.

India is planning to launch a digital version of the rupee, becoming the latest country to join the rush to create state-backed virtual currencies. CNN values your feedback 1.

India's economy is in much better shape, posting growth of 8.2% in the most recent quarter. But the sharp fall in the rupee threatens to stoke inflation as imported goods become more expensive.

The Indian rupee weakened to a new low against the dollar, driven by concerns that rising oil prices will undermine the country’s strong economic fundamentals.

The Indian rupee, already the worst-performing currency against the dollar this year in Asia, continues to sink, weighed down by growing pessimism about the Indian economy.

In a reversal, India says it will tax cryptocurrency and create a ‘digital rupee’ February 1, 2022 More than 3 years ago A symbol for bitcoin is pictured at the entrance of a private office in ...