The Reserve Bank of India (RBI) has spent $77 billion from its foreign exchange reserves through intervention in the spot market to defend Indian rupee from falling sharply. Due to this, Indian ...
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The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest rates unchanged and Chair Jerome Powell said there would be no rush to cut ...
MUMBAI: The Indian rupee, following last week's relief rally, is expected to decline on Monday, weighed by the dip in the Chinese yuan and persisting worries over US President Donald Trump's trade ...
MUMBAI, Jan 27 (Reuters) - The Indian rupee resumed its downtrend on Monday, pegged by likely equity outflows and corporate hedging. The rupee quoted at 86.3675 to the U.S. dollar at 11:24 am IST ...
MUMBAI, Jan 28 (Reuters) - The Indian rupee weakened on Tuesday, as dampened global risk appetite and renewed concerns about trade tariffs under U.S. President Donald Trump kept Asian currencies ...
The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...
Indian rupee opened 4 paise down on January 29, falling for the second consecutive day. The local currency at 86.5775 against the US dollar, as compared to 86.5313 ay close in the previous trading ...
The Indian rupee is expected to open lower on Tuesday tracking a decline in most of its regional peers as a selloff in U.S. tech stocks and developments related to trade tariffs dampened risk ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Traders further said the Reserve Bank of India's announcement of the open market operations (OMO) may also support the rupee at lower levels. As part of its over ₹1.5 lakh crore liquidity ...