Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
The Indian rupee weakened on Thursday as dollar demand from importers, including oil companies, outweighed the impact of a ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
The Indian rupee weakened to its lifetime low on Tuesday, pressured by strong dollar bids spurred by the maturity of ...
The local unit settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from ...
The rupee depreciated 21 paise to close at 86.61 against the US dollar on Thursday, dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. However, ...
Q: What is the Dollar worth against the Rupee? A: One Dollar is worth 86.3618 Rupees today Q: Is the Dollar going up or down against the Rupee? A: Today's exchange rate (86.3618) is lower compared ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
The noted economist argued that higher import duties would curb the demand for dollars from importers and help arrest the ...