The local unit settled for the day at 86.33 (provisional), registering a fall of 11 paise over its previous close.
India's forex reserves dropped to $623.9 billion, impacting rupee value, but still adequate according to IMF's ARA EM.
The Indian rupee resumed its downtrend on Monday, pegged by likely equity outflows and corporate hedging.
Global macroeconomic factors, domestic economic growth, FDIs, and monetary policy decisions will drive Indian currency this ...
AUD/USD keeps the red near 0.6300, snapping the three-day winning streak in the Asian session on Monday. China’s fresh ...
The Indian rupee has been on the depreciation path in the last few months due to various factors such as widening trade ...
Red returns to India markets as uncertainty around Trump tariffs and strong dollar push Sensex, Nifty, and Rupee down ...
The rupee depreciated 22 paise to 86.44 against the US dollar in early trade on Monday, weighed down by the strength of the ...
The local currency opened 15 paise down at 86.3550 against the US dollar, as against 86.2050 against the greenback at the ...
KARACHI: Rupee remained largely stable against the US dollar in the inter-bank market during the previous week.
Sermons about the virtues of free trade are for the ears of gullible or pliable Third World politicians. The market does not ...
The rupee poses a greater challenge for the Reserve Bank of India than its perennial growth-versus-inflation dilemma. The ...