Persons resident outside India will also be able to settle bona fide transactions with other persons resident outside India ...
The local unit settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from ...
The Indian rupee depreciated by 16 paise to close at 86.56 against the US dollar on Thursday, driven by a strong US dollar, ...
Investors await the US December Retail Sales and weekly Initial Jobless Claims releases on Thursday for fresh impetuses.
The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in ...
Indian rupee gains on weaker dollar, improved trade deficit, and central bank support, marking biggest single-day increase in ...
Narrowing trade deficit in December from revised November figures also boosted sentiment as it indicated a more favourbale ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting ...
The Reserve Bank of India (RBI) will maintain its policy of intervening in the currency markets to curb excessive volatility ...
This belief explains why there is a lot of hue and cry when a country’s currency is depreciating sharply, much like the rupee ...
The Indian Rupee has significantly declined in value over the past 100 years. In 1925, 1 USD was worth ₹2.76. Where does the ...