Since India is largely a consumption-driven economy, the weakening rupee and high inflation rates, are expected to impact not just growth levels but even the common person. Check Rupee vs Dollar today below along with the...
Both the government and RBI have taken measures to check the outflow of dollars and encourage inflow of foreign funds so that the depreciation of the domestic currency can be contained, he said
The Indian rupee has been depreciating against the USD dollar and is nearing the psychologically key mark of 80, making imports expensive
Forex traders said the rupee opened stronger as the dollar continued to fall on account of a less aggressive US Fed and falling crude oil prices
At the interbank foreign exchange, the rupee opened at 79.76 against the American dollar, registering a gain of 6 paise over the last close
While financial institutions feel the concerns are genuine and the requirement for higher amounts of education loans will go up, study abroad consultants believe students have less to worry about, especially those who plan...
Days after the domestic currency breached the 80-level against the dollar, Das said Reserve Bank of India (RBI) has zero tolerance for volatile and bumpy movement in the rupee and added that the central bank actions have...
At the interbank forex market, the local unit opened weak at 79.55 against the greenback and witnessed an intra-day high of 79.53 and a low of 79.66
Depreciation of rupee makes India's imports costlier, while on the other hand exports become attractive
At the interbank forex market, the local unit opened at 78.99 against the greenback and fell to an intra-day low of 79.12.
On Wednesday, the rupee hit a record low of 79.03 against the US dollar, it has declined nearly 6 per cent since January this year
At the interbank foreign exchange market, the local currency opened at 78.20 and finally settled at its all-time low of 78.33, down 1 paisa from its previous...
Forex traders said lacklustre domestic markets, elevated crude oil prices and persistent foreign capital outflows weighed on the local unit
Persistent foreign capital outflows, elevated global crude oil prices and risk-averse sentiments also impacted the domestic unit, forex traders said
At the interbank foreign exchange market, the rupee opened lower at 77.74 against the greenback and finally settled at 77.76, down 8 paise over its previous...
While cheers are emanating from India’s export camp, which earns in dollars, it is a rather gloomy sight for the importers and, in turn, the households
