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Rupee hits record low amid worries about US tariffs; RBI likely steps in
The Indian rupee slipped to an all-time low on Friday, as the threat of U.S. trade tariffs under President Donald Trump weighed on most Asian currencies, while the Reserve Bank of India likely stepped in to support the local unit,
Budget 2025 math: Where each rupee in India's coffer comes from and where it goes
Among indirect taxes, goods and services tax (GST) will contribute the maximum 18 paise in every rupee of revenue
Why Did Indian Rupee Fall To An All-Time Low Of 86.65 Ahead Of Budget 2025?
The Indian rupee fell to an all-time low of 86.65 against the dollar, influenced by Trump’s intent to impose a U.S. trade tariff. The dollar index rose to 108.2 as most Asian currencies fell following Trump's announcement on Saturday to impose tariffs on Canada and Mexico,
2d
on MSN
US tariff worries may push rupee to all-time low before India budget
The Indian rupee is expected to open weaker on Friday, possibly dipping to a lifetime low on U.S. President Donald Trump's ...
11h
India macro fundamentals strong, rupee not depreciating against any currency other than USD: FM
Indian Finance Minister defends rupee depreciation against US dollar, citing strong macroeconomic fundamentals and stability ...
cnbctv18
11h
FM Sitharaman defends rupee stability, says it's not depreciating against any currency other than USD
Finance Minister Nirmala Sitharaman, in an interview with PTI, dismissed concerns over the rupee’s depreciation, attributing ...
2d
on MSN
India's FX reserves halt 7-week losing spree as rupee pressure eases
India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...
India Today
11h
Rupee not falling against any currency other than US dollar: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman rejected criticism of the rupee’s decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...
2d
Rupee settles higher by 3 paise to close at 86.59 against dollar
The rupee pared initial losses and settled for the day higher by 3 paise at 86.59 (provisional) against the US dollar, as the ...
2d
on MSN
India cenbank infuses $5.1 billion worth of rupee liquidity via buy/sell FX swap
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...
1d
on MSN
Rupee earned, rupee spent, Budget 2025: Where does every penny come from and go
The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, outlines revenue from taxes and borrowings, with ...
Press Trust of India on MSN
6h
India macro fundamentals strong, rupee not depreciating against any currency other than USD: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman termed critics pointing to rupee volatility and depreciation as "a very quick argument".
4d
Rupee dips, drop in hedging costs adds to headwinds
The Indian rupee weakened on Wednesday on the back of strong dollar bids related to importers' month-end payments, while a ...
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