India’s currency, the rupee, has surged to a six-month peak, maintaining its position as the top-performing currency in Asia for the year. This rise has…
View More Indian Rupee Hits Six-Month High on Foreign Inflows and Dollar Weakness
Early on Thursday, the Indian rupee fell 5 paise to trade at 83.22 against the US dollar after negative signals from the country’s equities markets…
View More Indian rupee fell 5 paise to trade at 83.22 against the US dollar: Checkout the reasons!
Following strong gains in Asian peers, the US treasury yields dropped and the dollar softened on speculation that the US Federal Reserve is probably done…
View More Indian rupee appreciated by 11 paise to 83.18 against the US dollar
Mumbai: The rupee maintained in a limited range on Tuesday, rising 3 paise to 83.24 (provisional) against the US dollar amid a favorable trend in…
View More Rupee gained 3 paise to 83.24 against the US dollar, owing to a favorable trend in domestic markets
Forex reserves, often known as foreign exchange reserves (FX reserves), are assets kept by a country’s central bank or monetary authority. Read more : 24%…
View More RBI’s foreign exchange reserves could be used up to $30 billion to support the Indian rupee
Early on Wednesday, due to falling global crude oil prices and increased demand for risky assets, the rupee appreciated by 6 paisa to 83.26 US…
View More Due to a drop in the price of crude oil and other factors, the Indian rupee gained 6 paisa
The Indian rupee opened marginally down versus the US dollar on Wednesday, as the greenback strengthened and crude oil prices rose. The local currency began…
View More Indian rupee declined further, reaching 82.93 per dollar as a result of the surge in crude oil prices
Weakened by a rise in crude oil prices and a strong US dollar on Wednesday, the rupee lost 10 paisas. Finished the day at a…
View More Rupee weakened and US dollar reached at its highest level in six months
A working group put together by the Reserve Bank of India said that the rupee should be added to the Special Drawing Rights (SDR) basket…
View More The rupee should be included in SDR: Major Step Towards Internationalization