The Financial Times is understandably worried about the future of the Indian economy. Their latest report on the rupee’s decline and its implications for inflation also includes concerns about the ...
Have you been following the troubles of the Indian rupee, which has crashed to historic lows over the last few days? Those of you with long memories will remember that the last time this happened, ...
The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...
The Indian rupee's decline to a historic low of 86.59 against the US dollar on Monday has stirred concerns, but former Reserve Bank of India (RBI) Governor Raghuram Rajan has provided a measured ...
Capitalmind CEO Deepak Shenoy on Wednesday said that the rupee can appreciate 15-20% in the next two years if the RBI does not intervene and allow a free market. He also said the central bank is ...
The Indian rupee opened stronger on Wednesday (January 15), gaining 15 paise to trade at 86.49 against the US dollar. This recovery follows Tuesday’s (January 14's) close at 86.64 and comes after the ...
Photo Credit: SUSHIL KUMAR VERMA Ahead of the next meeting of the RBI’s Monetary Policy Committee (MPC), a weakening rupee poses a new threat to inflation. Economists believe that any rise in ...
The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend ...
The rupee fell past 86 on Monday on a strong dollar after better-than-expected US jobs data led to an expectation that the Federal Reserve will go for lesser interest rate cuts in this year. Higher ...
The freefall of Indian Rupee against US Dollar in the past few days is primary due to better-than-expected US jobs data, which could mean that the Federal Reserve could go for lesser interest rate cut ...
A selloff in domestic equities on Monday sent the rupee tumbling past the psychologically crucial mark of 86 against the dollar to log its steepest single-day fall in nearly two years. Hardening crude ...
Depreciation of the rupee against the US dollar is providing limited benefits to Indian exporters due to high import content in shipments and global market uncertainties. Exporters face increased ...