The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
The Indian central bank intervened heavily before the opening of the local spot market on Tuesday, looking to support the ...
The rupee hit an all-time low against the US dollar, closing at 86.63. The drop is attributed to the strengthening US dollar, ...
The INR downward trajectory has been ongoing for the past few months amid high volatility. The RBI had a very comfortable ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...
On Monday, the Indian rupee recorded its sharpest single-day fall in two years, closing at ₹86.50 and hitting an intraday low ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
Gukesh Dommaraju, an 18-year-old, recently won the 2024 World Chess Champion. Here are 3 crucial lessons for entrepreneurs to ...
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
Explore why the USD/INR exchange rate has soared and why the Indian rupee has crashed to its lowest level on record ...
The downward spiral has been exacerbated by rising oil prices, weak capital inflows and dwindling supplies of the US dollar ...
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