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.
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate ...
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 ...
A gauge of the Indian rupee’s volatility jumped to its highest level in over a year, fueling speculation that the nation’s ...
India’s central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists ...