A weaker Indian currency and a strengthening US dollar may invite significant challenges to the economy in forex and import-export ...
Mark Mobius, chairman of Mobius Emerging Opportunities Fund, while a depreciating rupee may deter foreign investment in India ...
India's forex reserves fell by another $4.112 billion during the week ended December 27, 2024, as the Reserve Bank of India sold $4.641 billion to help reduce volatility in the rupee.
The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25 to diversify its ...
Mobius also expects the Indian markets and domestic industries to benefit from the Trump administration more than any other ...
Concerns about India's slowing growth and widened trade deficit have hurt the rupee, alongside broad-based dollar's strength ...
RBI economists found that depreciation in the rupee’s real effective exchange rate (Reer) has historically improved India’s ...
The reserves declined by $4.1 billion in the reported week, after falling by a cumulative $13.7 billion in the prior three weeks ...
In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar.
At the interbank foreign exchange, the rupee opened on a weak note and sank to an intra-day low of 85.80, and its high of ...
The Trump 2.0 administration will not favour the Chinese market and if you look at the global picture, where else can ...
Forex traders said the US dollar gained against most currencies during 2024 and continued to remain on a strong footing this ...