This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...
With the latest regulatory latitude offered Thursday, overseas branches of Indian banks will be able to open rupee accounts for a resident from outside India for settlement of all permissible current ...
He kept at it: “While the rupee has been falling the government has not done anything about it. Once the rupee keeps falling, world powers take advantage of it.” But why single out the future prime ...
The Indian rupee opened stronger on Wednesday (January 15), gaining 15 paise to trade at 86.49 against the US dollar. This recovery follows Tuesday’s (January 14's) close at 86.64 and comes after the ...
The rupee fell past 86 on Monday on a strong dollar after better-than ... On Friday, the US jobs report came out which was higher than market consensus. Headline Non-farm Payroll (NFP) print came in ...
New Delhi: The value of the Indian rupee has experienced a steady decline over the past 40 years, averaging an annual depreciation of approximately 3.5 percent. This downward trend commenced following ...
A significant depreciation in the rupee could defer rate cuts by the Reserve Bank of India (RBI), as it fuels inflation by making imports more expensive. This will create additional obstacles for ...
And like every other mainline Zelda game, it was very well received back in 2002. This is perhaps most evident by its 96 on Metacritic. Among the mainline installments, it sticks out from the rest ...
Inflation is out of control. Our economy is doomed but PR Modi is still in denial & continues to fool people,” Mr. Gokhale wrote in a post on X. On Monday, the rupee logged its steepest fall ...
On Monday, the Indian rupee recorded its sharpest single-day fall in two years, closing at ₹86.50 and hitting an intraday low of ₹86.58 against the US dollar. The rupee's drop was notably larger than ...
Depreciation of the rupee against the US dollar is providing limited benefits to Indian exporters due to high import content in shipments and global market uncertainties. Exporters face increased ...
The rupee slipped 0.4% to a record low of 86.39 per dollar. Check the key factors behind this decline and whether the Indian currency faces further challenges. Listen to Story Rupee plunges to ...