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forex, Reserve Bank of India and rupee
India's forex reserves slump to 10-month low amid sliding rupee
India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of Jan. 10, data from the Reserve Bank of India showed on Friday.
India's forex reserves hit 10-month low, rupee faces persistent headwinds
India's foreign exchange reserves have been on a declining trend for six consecutive weeks, standing at a 10-month low of $625.87 billion as of Jan. 10, according to data from the Reserve Bank of India (NS:BOI) (RBI).
India's forex reserves drop by USD 8.714 bln to USD 625.871 bln
India's forex reserves dropped by USD 8.714 billion to USD 625.871 billion in the week ended January 10, the RBI said on Friday. Earlier, the overall kitty dropped by USD 5.693 billion to USD 634.585 billion in the week ended January 3,
16h
on MSN
India's RBI sells dollars to support rupee before market open, traders say
The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...
The Pioneer
13m
Rupee ends one paisa down at 86.62 against US dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as ...
13h
Weaker rupee to push India's import bill due to higher payments: GTRI
The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, ...
15h
on MSN
Seagull to albatross: Indian importers' option strategy hit by rupee's plunge
For nearly two years, Indian importers flocked to a commonly used option strategy to hedge their forex risks amid the rupee's ...
2d
Weakening rupee puts India interest rate cuts in doubt
Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...
4h
RBI allows overseas branches to open rupee accounts, boosting investment in India
Experts believe that this move will significantly enhance the global usage of the Indian Rupee for cross-border transactions.
4d
India rupee declines past 86/USD on resilient US economy, weak inflows
The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that ...
devdiscourse
10h
Depreciating Rupee: An Export Paradox
The Global Trade Research Initiative warns that the weakening Indian Rupee is increasing import costs, particularly in ...
13h
Weaker rupee to push India’s import bill: Global Trade Research Initiative
GTRI says depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped ...
2d
on MSN
The great Indian rupee slide: All that you want to know
The rupee hit an all-time low against the US dollar, closing at 86.63. The drop is attributed to the strengthening US dollar, ...
Forbes
2d
Convert Indian Rupee To United States Dollar
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.
11h
Rupee ends weaker, logs worst week in 18 months on foreign outflows
The Indian rupee slipped on Friday and logged its worst week in 18 months, hurt by persistent foreign portfolio outflows and ...
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