The rupee depreciated 4 paise to close at a record low of 85.79 against the US dollar on Friday, as strong dollar demand from importers and a muted trend in domestic equities weighed on investors’ ...
RBI economists found that depreciation in the rupee’s real effective exchange rate (Reer) has historically improved India’s ...
In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar.
Forex traders said the US dollar gained against most currencies during 2024 and continued to remain on a strong footing this ...
Rupee weakens against US dollar due to strong American currency, market focus on Trump's policies, and record low closing.
The Indian Rupee (INR) loses momentum on Thursday. The reasons attributed to the weakening in the local currency are an increase in demand for US Dollar (USD) from importers, a higher 10-year US ...
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate ...
Fuel prices significantly impact daily budgets, making it essential for consumers to stay updated on the latest rates. On ...
The Indian rupee is likely to open flat-to-slightly-lower on Wednesday, with traders expecting the currency to weaken ...
Seeking elusive stability in the exchange rate while the economy remains open to capital flows entails a relatively less ...
Going forward, experts believe the Reserve Bank of India will continue to intervene in the currency market to curb volatility. Additionally, the central bank may allow the rupee to depreciate with ...
It has been a tumultuous time for the Indian rupee even as the Reserve Bank of India (RBI) has been actively stepping into the foreign exchange market to stem its free fall in pursuit of what it calls ...