Imports from India will become cheaper as the UAE dirham has strengthened against the rupee in recent months, helping to reduce inflation, according to analysts and retailers. The Indian rupee hit ...
The Indian rupee is on a downward trend. It logged its fifth straight monthly fall in February, weighed down by foreign portfolio outflows and increased hedging in the onshore and the non ...
Reserve Bank of India (RBI) was the net seller of over $36 billion between June and December to support the Indian Rupee, showed government’s written responses in the Rajya Sabha on Tuesday.
The Indian rupee opened 39 paise lower on March 10 due to concerns over global trade despite the easing dollar index. The local currency opened at 87.2650 against the US dollar, as compared to 86 ...
The Rupee weakened about 46 paise on Monday, the biggest single-day drop in a fortnight, weighed down by persistent FPI-related Dollar outflows from the Indian equity markets, uncertainty about ...
BENGALURU (Reuters) - The Indian rupee will weaken more against the U.S. dollar over the coming year than previously thought on escalating fears of a U.S.-led global trade war and a slowing domestic ...
The Indian rupee strengthened for the third consecutive day, aligning with regional currencies as risk assets surged, while the “safe-haven U.S. dollar” which was seen “smiling” since ...
Investing.com -- The Indian rupee and stock markets are set for further weakness as a slowing domestic economy and an unfavourable external environment weigh on investor sentiment. The rupee has ...
IIT Guwahati Professor D Udaya Kumar, the creator of India’s official rupee symbol “₹,” has distanced himself from the ...
MUMBAI, March 7 (Reuters) - A rise in the Indian rupee's volatility, coupled with a decline in the cost of protecting against currency weakness has prompted firms to increase longer-tenor hedges ...
The Indian rupee recorded its strongest weekly performance in over 18 months, influenced by the dollar's reaction to its recent correction and the easing of concerns over U.S. tariffs. According ...
The Indian rupee is expected to open mostly steady to slightly weaker against the U.S. dollar in the upcoming trading session. This follows U.S. inflation data that came in higher than expected ...