The Reserve Bank of India (RBI) in its report highlighted that the Real Effective Exchange Rate (REER) of the Indian Rupee ...
The Indian rupee has witnessed a record fall against the US dollar, hitting an all-time low of 85.21 on Tuesday. This is the ...
The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
Later, when the victim checked the bundle, he found only one US dollar note and all other blank paper pieces, the official said. Based on the victims complaint, the police on Tuesday registered an FIR ...
In contrast, the leather goods segment, which heavily depends on imported components like synthetic materials and metal ...
The rupee declined to 85.2075 against the U.S. dollar, casting a shadow on its previous record low of 85.12 hit on Monday ...
In October, the RBI intervened heavily in forward and spot currency markets with $44.5 billion to support the rupee. Despite significant foreign portfolio outflows and a rise in the US dollar, the ...
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond ...
Singapore, Thailand stock markets gain 0.5% * Currencies muted as dollar near 2-yr peak * Indian rupee hits lifetime low By ...
India’s foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of external debt outstanding at end-June 2024, stated the Reserve Bank of ...
A sliding rupee—which hit a record low against the dollar—makes imports costlier and stokes inflation. But it can also give an edge to exports and help manage the trade deficit ...
This almost flat ending to the trading session was attributed to the investors who preferred to remain on the sidelines on ...