The Reserve Bank of India should restrain its active forex intervention, while the government needs to frame policies aimed ...
The Indian rupee is poised for further depreciation, with Barclays’ Mitul Kotecha projecting the dollar-rupee exchange rate to reach 87 by the end of the year. Speaking to CNBC-TV18, Kotecha noted ...
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its ...
The rupee pared its intraday losses and settled for the day on a positive note higher by 11 paise at 85.68 against the US dollar on Monday. Forex traders said the Reserve Bank of India’s interventions ...
Rupee hits record low against US dollar amid FPI outflows and market concerns, with further depreciation anticipated.
Indian equity markets fell over 1.5% on Monday, driven by global cues, a weak rupee, and fears over the HMPV outbreak.
Rupee depreciation is less about the currency itself and more about the strengthening of the US dollar against a wide range ...
Dollar demand from foreign banks, likely on behalf of custodial clients, also weighed on the currency during the session ...
The Indian rupee declined 4 paise to settle at a fresh record low of 85.83 (provisional) against the US dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign ...
The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian ...
The rupee slumped to an all-time low of 85.84 against the US dollar on Monday, dragged by bearish sentiment in domestic ...
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.33 per ...