The Indian Rupee continued to gain, shrugging off soaring oil prices, with investors awaiting the delayed consumer inflation ...
The domestic currency’s slump--caused by tariff hostilities with the US, relentless portfolio outflows, and a swelling trade deficit--has rattled the forex market. Analysts warn that the rupee may ...
At 10:30 a.m. IST, the rupee stood at 88.6250 against the U.S. dollar, marginally stronger than Wednesday’s close of 88.69.
The rupee at a historic low against the US dollar increases inflation, raises overseas education and travel costs, impacts ...
When higher US interest rates trigger outflows to safer dollar assets, the Indian rupee (INR) weakens against the US dollar (USD). “Elevated global crude oil prices and ...
The Indian rupee, however, bounced back sharply by 75 paise to close at 88.06 (provisional) against the US dollar on ...
Conversely, the downside risks are considerable. Servicing dollar-denominated debt becomes more expensive in INR terms. The ...
The RBI has built up short dollar positions of at least $15 billion in the non-deliverable forwards market over the past two to three weeks to defend the rupee.| Business News ...
Mumbai: The Indian rupee made a sharp recovery against the US dollar on Wednesday, climbing up from its all-time closing low ...