Browsing: Forex News
The rupee depreciated 7 paise to 95.68 against the US dollar in early trade on Tuesday, weighed down by elevated…
The rupee was already facing a “challenging” outlook, and the RBI’s decision has made the picture considerably weaker, a currency…
The U.S. dollar held near multi-month lows against most major currencies on Tuesday as traders walked back expectations of near-term…
The RBI’s FCNR(B) scheme has attracted more than $52 billion, strengthening its ability to support the rupee, but global monetary…
The Indian rupee slipped on Monday after the central bank unexpectedly shortened the deadline for its discounted forex swap facility…
Persistent central bank intervention that has absorbed recent pressure on the rupee and subdued moves in the currency is reminiscent…
India could reach a $20 trillion economy by 2036 if it can raise underlying rupee growth to around 14.2 per…
India’s foreign exchange demand is increasingly moving beyond major metropolitan centres, with Tier-2 and Tier-3 cities together accounting for 53…
The dollar fell on Friday after data showed U.S. retail sales unexpectedly declined in July, helping send the euro and…
The Indian rupee closed the week with losses against the dollar, with frequent dollar-selling interventions by the central bank curbing…