Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...
Indiatimes29d
7 countries where the Indian Rupee is stronger
For Indian travelers, there are several countries where the Indian Rupee (INR) is stronger than the local currency, offering greater purchasing power. Let's check out some of these countries where ...
Indian central bank likely sold dollars to support rupee, traders say
The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
moneycontrol.com7d
RBI’s actions on Indian rupee, domestic liquidity are steps in right direction: CEA Nageswaran
The recent actions taken by the Reserve Bank of India (RBI) to defend Indian rupee from falling sharply and injecting durable liquidity to the banking system are steps in the right direction ...
Khaleej Times25d
Indian rupee hits fresh record low against US dollar, may drop to 87 by March end
Indian rupee touched an all-time low against US dollar. At the time of filing this report, the rupee was trading at 86.40 against US dollar. Experts say the volatility trends show that the rupee ...
Zee Business7d
Indian rupee performed better than currencies of Canada, Korea, Brazil: Eco Survey 2024-25
The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band. Various domestic and global factors influence the exchange rate of the INR, such as the movement of ...
moneycontrol.com24d
Indian rupee's record low, rising oil prices trigger RBI rate cut dilemma
The Indian rupee’s plunge to a record low, breaching the critical 86-per-dollar mark, has fuelled speculation about whether the Reserve Bank of India (RBI) will reassess its stance on cutting ...
Business Line24d
Trump's impact on Indian Rupee likely to be short-lived: SBI Report
The "Trump Tantrum," referring to the impact of Donald Trump's presidency on the Indian rupee, is likely to be a short-term phenomenon, says a report by State Bank of India (SBI). The report ...
Business Line4d
Indian rupee depreciated over 1% in Jan, forex dipped by over $70 billion in Oct-Dec, 2024
Even as rupee closed a tad higher against US dollar on Tuesday, Finance Ministry told the Rajya Sabha that the Indian currency has declined over 1 per cent in January. It also said that the ...
Khaleej Times27d
Indian rupee may hit 26 to the UAE dirham as RBI loosens grip
The Indian rupee could drop below 26 per the UAE dirham or hit 90 per dollar this year as the Reserve Bank of India is poised to move away from its implicit quasi-peg to the dollar under the new ...
Mint24d
Trump Tantrum: Impact of new US presidency on Indian Rupee likely to be short-lived, says SBI Report
A SBI report suggests that the ‘Trump Tantrum’ impact on the Indian rupee will be short-term, with stabilisation expected after the initial volatility. (Photo by Indranil Mukherjee / AFP ...
Arabian Business26d
Indian rupee makes historic plunge; dips past 86 against USD for the first time
Indian currency, rupee, crashed 27 paise to hit a new lifetime low of 86.31 against the US dollar in the morning trading hours on Monday, January 13, dragged down by a robust American currency amid ...