The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
India faces challenges with a declining rupee, affecting import costs and inflation. While a weaker rupee could boost ...
Understanding India's exchange rate policy, implications, and structural constraints in the economy in a concise and clear ...
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, ...
RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.
Are you preparing for UPSC CSE Prelims 2025? Check your progress and revise your topics through this quiz on Economy.
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
In a recent address to a young audience at the Viksit Bharat Young Leaders Dialogue 2025, the Prime Minister confidently ...
Rupee weakens against dollar due to strong American currency, high crude oil prices, and foreign fund outflows.
MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the ...
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...