This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...
The Nifty 50 index has slumped to its lowest point since June last year. The index dropped as the Indian rupee crashed to a record low. It is about to form a death cross chart pattern as the 200 ...
To promote cross-border transactions in rupees and other local or national currencies, the Reserve Bank of India (RBI), in collaboration with the central government, has reviewed the current ...
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, ...
ECONOMYNEXT – Sri Lanka’s rupee was quoted at 296.20/50 to the US dollar in the spot market Thursday, weaker from 295.50/90 to the US dollar Wednesday, while bond yields were flat, dealers said.
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 Reserve Bank of India, under new Governor Sanjay Malhotra, is loosening its tight control over the rupee, aligning it with regional currencies while still intervening to prevent excessive ...