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 declined to 85.2075 against the U.S. dollar, casting a shadow on its previous record low of 85.12 hit on Monday ...
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The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
In contrast, the leather goods segment, which heavily depends on imported components like synthetic materials and metal ...
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
RBI, which has been intervening in currency markets to prevent a sharp fall in the rupee, must reassess its stance.
The Reserve Bank of India (RBI) in its report highlighted that the Real Effective Exchange Rate (REER) of the Indian Rupee ...
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 ...
MUMBAI: In a bid to support a falling rupee, which lost as much as 125 paise between October 10 and December 24 when it ...
The Pound to Indian Rupee (GBP/INR) exchange rate dipped to 2-month lows near 104. 0 in early February before rebounding to... Currency exchange analysts at ICICI Securities suggest the Pound to ...