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 ...
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 ...
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 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 ...
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The Pakistani rupee concluded the final session of the calendar year on a negative note against the US dollar, depreciating 0.03% in the inter-bank market on Tuesday. At close, the currency ...
MUMBAI, Dec 31 (Reuters) - The Indian rupee fell for a seventh straight year in 2024, largely due to headwinds in the last quarter, including Donald Trump's U.S. election victory-spurred surge in ...
The Indian rupee (INR) fell for a seventh straight year in 2024, largely due to headwinds in the last quarter, including Donald Trump’s U.S. election victory-spurred surge in the dollar ...