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 ...
An American man's provocative post has stirred a storm online, drawing sharp attention to India's real estate and the sliding rupee. Proclaiming plans to exploit currency disparities, he outlined ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. A former Reserve Bank of India official said the ...
The local currency had a difficult time through a large part of December. The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than ...
MUMBAI, Jan 3 (Reuters) - The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter.
The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve Bank of India (RBI) has actively intervened in the forex market to manage ...
This air hostess-turned-actress, known as India's sex symbol, married a pilot, divorced; later delivered superhit movie with... This actor once fixed ACs, delivered several hits, was named best ...
The heavy demand for the US dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the rupee and sending it just shy of ...
The Indian rupee closed at its weakest closing level on record for the eighth consecutive session on Thursday, as a widened arbitrage between the non-deliverable and outright forwards market added ...
The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the rupee and sending it just shy ...
While FCNR (B) deposits can be maintained in foreign currency and are not converted to the rupee, an NRE account allows NRIs to deposit or save foreign earnings in Indian currency and NRO enables ...
The rupee's relative overvaluation is a potential drag on India's exports. Traders will also watch out for any potential changes in the RBI's forex intervention strategies over 2025 under the its ...