The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and logged a ninth ...
The Indian central bank was likely selling dollars on Friday to limit the rupee's losses and prevent it from hitting a record ...
India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as ...
In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar.
The Indian rupee weakened slightly on Wednesday, pressured by dollar bids from importers, which pushed the currency to a ...
Dollar gains against most currencies in 2024, rupee hits record low against US dollar, influenced by various factors.
Internationally, gold prices also saw a rise on Friday. According to APGJSA, the international price stood at $2,657 per ...
Forex traders said the US dollar gained against most currencies during 2024 and continued to remain on a strong footing this ...
RBI economists found that depreciation in the rupee’s real effective exchange rate (Reer) has historically improved India’s ...
Mobius also expects the Indian markets and domestic industries to benefit from the Trump administration more than any other ...
A gauge of the Indian rupee’s volatility jumped to its highest level in over a year, fueling speculation that the nation’s ...
Concerns about India's slowing growth and widened trade deficit have hurt the rupee, alongside broad-based dollar's strength ...