Mumbai: A narrower-than-expected trade deficit and higher services exports in January have prompted economists to scale down the current account deficit (CAD) estimates for FY24. Capital inflows through both foreign …
(This story originally appeared in on Dec 12, 2023) MUMBAI: It is highly unusual for the rupee to reach a new low against the dollar while the sensex hits new …
Home Business Rupee Hits 1-year Low Of 83.28 Against US Dollar The RBI is reportedly selling dollars in the foreign exchange market to prevent Rupee from hitting an all-time low. …
Mumbai: Flames leaping out from the war in West Asia theatre appeared to singe the Indian currency Monday, sending the rupee to a new closing low against the US dollar …
The Reserve Bank of India is wary of complacency in the domestic bond market, given the volatility in international markets, said Parul Mittal Sinha, head-financial markets, India at Standard Chartered …
India’s rupee will not drop past the 84-per-dollar mark even if the greenback strengthens further from current levels as the nation’s central bank will step in to defend the currency, …
MUMBAI: The rupee edged up 1 paisa to 83.21 against the US currency in a restricted trade on Thursday amid gains in domestic equities.The Indian currency was almost trading flat …
The inclusion of India in a major global bond index is expected to strengthen the rupee against its peers, despite the possibility of higher US interest rates affecting the appeal …
NEW DELHI: The rupee depreciated for the fourth straight day and settled 9 paise lower at its lifetime low of 83.22 (provisional) against the US dollar on Thursday amid a …
New Delhi: Leading bourse NSE’s exchange-traded currency derivatives, which completes 15 years on Tuesday, witnessed close to 2,000 crore contracts worth Rs 609 lakh crore transactions during its journey. The …