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The Indian rupee is poised to begin the week on a weak note, pressed by the decline in Asian peers following U.S. President ...
Usually, a 1% depreciation in the rupee improves operating margin by 15-20 basis points for Indian IT companies. However, such gains are going to be limited owing to cross-currency headwinds.
The Indian rupee plummeted to a historic low on Thursday, driven by strong dollar demand from local importers and likely capital outflows. What Happened: The rupee sank to an all-time low of ₹83 ...
Tropical cyclone Garance made landfall on the French Indian Ocean territory of Réunion on Friday, packing gusts of 166 kilometers (103 miles) per hour. CNN values your feedback 1.
The Indian currency has fallen more than 7 percent so far in 2022 pushing up inflation and wrecking margins for importers. ... The rupee has fallen rapidly to 79.97 a dollar ...
Dubai: The Indian rupee has dipped again, falling 13 paise to ₹85.55 against the US dollar, which is a 11 paise drop to 23.25 against the UAE dirham.
Another factor behind the decline of the rupee is uncertainty about the global economy that has, in turn, propelled the dollar to a 20-year high against the currencies of its major trading partners.
Dollar purchases by the Indian central bank to limit the impact of foreign inflows are helping lead to shortages of the US currency in the Indian banking system and weighing on the rupee ...
Modi’s Push to Take Indian Rupee Global Gets Off to a Slow Start Rupee struggles to make inroads in global FX transactions Internationalisation is a process, not a target: RBI’s Das ...
The Indian rupee is currently trading at over 83 per US dollar. The value of the rupee was around 4 during the Independence. A lot has happened on the macroeconomic front ever since 1947 including ...
The Indian rupee is the currency of India; its currency abbreviation is INR. Discover its various types of coins, notes, and how the central bank manages the rupee.