( MENAFN - Khaleej Times) India's central bank was likely selling US dollars on Friday to support the rupee near a key ...
A weaker rupee due to global factors and domestic economic conditions can have both positive and negative effects on India.
The rupee plunged 13 paise to settle at a fresh all-time low of 84.60 against the United States (US) dollar on Friday, ...
The rupee's depreciation has been pronounced in the last six months, with the currency losing 1.6%, making it the ...
The one-rupee coin, which costs ₹1.11 to mint, exceeds its face value, reflecting inflation's impact on production costs.
Reserve Bank of India’s data shows a reduction of $1.3 billion, mainly influenced by persistent foreign outflows and a strong ...
MUMBAI: India’s forex reserves continued their downward trend for the eighth consecutive week, falling by 1.31 billion ...
India’s central bank has ramped up its trading of non-deliverable forwards, turning the offshore market into its main tool to ...
The rupee has been depreciating lately due to FPI outflows, dollar strength & weak corporate performance. The slide, however, ...
The Indian rupee weakened on Thursday to close just shy of its all-time low, pressured by foreign portfolio outflows and ...
The rupee closed at Rs 84.4850 against the US dollar, which is low from its close of Rs 84.4525 in the previous session. The ...
The Indian rupee depreciated 9 paise to close at 84.49 (provisional) against US dollar on Thursday, weighed down by a negative trend in domestic equities and broad strength of the American currency in ...