The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as ...
The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, ...
For nearly two years, Indian importers flocked to a commonly used option strategy to hedge their forex risks amid the rupee's ...
Experts believe that this move will significantly enhance the global usage of the Indian Rupee for cross-border transactions.
Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...
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 ...
The Global Trade Research Initiative warns that the weakening Indian Rupee is increasing import costs, particularly in ...
GTRI says depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped ...
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The Indian rupee slipped on Friday and logged its worst week in 18 months, hurt by persistent foreign portfolio outflows and ...