The Indian rupee's direction this week will be shaped by the dollar's reaction to its recent correction and whether worries ...
On Monday and Tuesday, when the Indian central bank sold dollars to support the rupee, it conducted buy/sell dollar-rupee swaps to moderate the impact of its intervention on rupee liquidity ...
The rupee failed to sustain its recovery and depreciated 8 paise to close at 86.87 (provisional) against the U.S. dollar on Wednesday ... oil prices supported the Indian currency at lower level ...
According to the Bloomberg data, the Indian rupee appreciated 0.75 percent against the US dollar on February 11 and remained on the top of the list among its Asian peers. Apart from the Indian ...
The Indian rupee is expected to remain stable this year despite global economic challenges as the Reserve Bank of India's (RBI) continued to follow periodic two-fold intervention in the forex ...
Indian rupee, like other Asian currencies, depreciated against the US dollar on account of uncertainty pervading the global macro economy," Sitharaman said in her reply to a discussion on the ...
Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure dollars, as they feared further depreciation ...
The Indian rupee opened strong, higher by 39 paise up against the US dollar at 86.4425 on February 12, appreciating 0.36 percent to once emerge as the best performing currency in Asia for a ...
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The rupee's weakness in recent weeks has prompted the Indian central bank's intervention through dollar sales. India faces a higher import bill and increased inflation with the currency's ...