(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. UBS Group AG is recommending to short ...
UBS Group AG has recommended that investors short the Indian rupee and adopt an underweight stance on Indian stocks. India's $4 trillion economy is entering a "structural slowdown", driven by weak ...
Photo Credit: The rupee has seen marked volatility in intraday trading today, moving about 22 paise so far amid the possibility of US President Donald Trump imposing tariffs on China, the decline ...
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. By Alex Travelli Reporting ...
Forex traders said the rupee is likely to trade within a volatile range of 86.20-86.80 ahead of key events in the global and domestic economic landscape. At the interbank foreign exchange, the rupee ...
The rupee appreciated 5 paise to close at 86.55 (provisional) against the U.S. dollar on Monday (January 20, 2025), as an overnight decline in crude oil prices and the U.S. dollar index supported ...
And part of the reason is because the media doesn’t ask difficult questions.” Vivek then unpacks the rupee falling against the dollar and its repercussions. He emphasises that this isn’t a crisis, ...
On Thursday, the rupee depreciated 21 paise to close at 86.61 against the US dollar. In two back-to-back sessions, on Tuesday and Wednesday, the local unit had gained 30 paise from its lowest-ever ...
In a significant push to enhance the global usage of the Indian Rupee (INR) and local currencies for cross-border transactions, the Reserve Bank of India (RBI) has liberalised key regulations under ...
For two years the rupee was stable. So stable that the International Monetary Fund reclassified India’s exchange-rate regime to ‘stabilised arrangement’ from ‘floating’ in December 2023.
MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the Fema (foreign exchange management) rules to encourage its use to ...
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, ...