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 to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in ...
The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
Rupee weakens against dollar due to strong American currency, high crude oil prices, and foreign fund outflows.
The Indian rupee slumped to a fresh all time-low and is set to post its worst single-day decline in over two years on Monday, ...
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, ...
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
The rupee opened at 86.57 and touched the intra-day high of 86.45 before closing for the day at 86.53 against the greenback, ...
On Tuesday, the rupee rebounded from its lowest-ever level and settled with a gain of 17 paise at 86.53 against the dollar.
The Reserve Bank of India (RBI) was likely selling dollars to support the rupee on Monday (January 12, 2025), after the ...