MUMBAI/LONDON, Dec 31 (Reuters) - For nearly two decades, Mumbai homemaker Prachi Kadam marked every festive season with a ...
The Indian rupee is experiencing a significant decline against the US dollar, which could impact inflation, exports, and corporate margins. While short-term effects are challenging, a weaker rupee ...
The Indian Rupee is something that we use in our day to day activities but few people know about the history of this currency, its design or the fascinating facts lurking behind every note and coin.
The Indian rupee continues its downward spiral hitting a fresh historic low of 90.55 against the US dollar after opening at 90.42 per dollar. With this the currency has declined over 6% in the last 1 ...
Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he worked for Reuters, the Straits Times and Bloomberg News.
USD vs INR: Is it the best time for NRIs to transfer money to India as Rupee falls below 90 per USD?
The Indian rupee has hit a historic low against the US dollar, crossing 90. This presents a significant opportunity for Non-Resident Indians (NRIs) to convert dollars to rupees, potentially gaining ...
The RBI’s plan to conduct a $5 billion dollar/rupee Buy/Sell swap auction for a three year tenor on December 16 th is aimed at increasing its firepower to intervene in the spot market without ...
Rupee vs Dollar: After a year marked by record lows, the Indian rupee may strengthen to 86 per US dollar by 2026, according to Bank of America Global Research. The projection challenges the widespread ...
The rupee sank to 90.42 to a US dollar on 4 December before the Reserve Bank of India (RBI) intervened to pull it back to just above Rs 90 to a dollar. The next day, the Monetary Policy Committee (MPC ...
India is letting the currency do what diplomats will not say in public: adjust to a world where the US is simultaneously buyer, judge and executioner. The game is being played in the shadows of tenor, ...
Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically significant,’ the underlying economic factors haven’t changed much. Yet a specific set ...
Finance Minister Sitharaman said the circumstances were different when they raised the rupee issue while they were in the Opposition. The rupee will find its own level, said Finance Minister Nirmala ...
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