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Have you been following the troubles of the Indian rupee, which has crashed to historic lows over the last few days? Those of you with long memories will remember that the last time this happened, ...
The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...
The Indian rupee's decline to a historic low of 86.59 against the US dollar on Monday has stirred concerns, but former Reserve Bank of India (RBI) Governor Raghuram Rajan has provided a measured ...
The Indian rupee opened stronger on Wednesday (January 15), gaining 15 paise to trade at 86.49 against the US dollar. This recovery follows Tuesday’s (January 14's) close at 86.64 and comes after the ...
The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend ...
The Indian rupee rebounded from its lowest-ever level and settled 17 paise higher at 86.53 against the US dollar on Tuesday, January 14, after the American currency retreated from a record high ...
The rupee fell past 86 on Monday on a strong dollar after better-than-expected US jobs data led to an expectation that the Federal Reserve will go for lesser interest rate cuts in this year. Higher ...
New Delhi: The value of the Indian rupee has experienced a steady decline over the past 40 years, averaging an annual depreciation of approximately 3.5 percent. This downward trend commenced following ...
India’s new central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb ...
The freefall of Indian Rupee against US Dollar in the past few days is primary due to better-than-expected US jobs data, which could mean that the Federal Reserve could go for lesser interest rate cut ...
A significant depreciation in the rupee could defer rate cuts by the Reserve Bank of India (RBI), as it fuels inflation by making imports more expensive. This will create additional obstacles for ...
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