The USD/INR exchange rate rose to a record high of 88.86, up by over 6.1% from its highest level this year. What next for the Indian rupee?
The Rupee on Thursday appreciated by 03 paisa against the US Dollar in the interbank trading and closed at Rs 281.27 against the previous day's closing of Rs 281.30. However, ...
The banking regulator – Reserve Bank of India – has said that it is keeping a close watch on movements of the rupee, and will take appropriate steps, as warranted. The regulator has acknowledged in ...
Traders say that public sector banks were spotted offering dollars near the 88.70 mark, most likely on behalf of the RBI.| Business News ...
RBI Governor Sanjay Malhotra, however, signalled scope for easing in the coming months to support the economy from any possible hit from US tariffs.
Rupee strengthens against US dollar as RBI announces measures to support exporters, domestic markets, and stabilize currency.
The USD/INR exchange rate soared to 88.7, up by almost 6% from its lowest level in April this year. What next for the Indian rupee?
Mumbai: The Indian rupee made a slight comeback on Wednesday, rising 12 paise to close at 88.68 against the US dollar, after hitting a record low the previous day. The recovery came as the Reserve ...
At the interbank foreign exchange, the rupee opened at 88.69 against the US dollar, and finally settled for the day with a loss of 7 paise at 88.79 (provisional), its lowest-ever closing level so far.
The Reserve Bank of India has announced significant measures to elevate the rupee's global role, permitting cross-border lending in INR to Bhutan, Nep ...
The Indian rupee and government bonds will take cues from the Reserve Bank of India's policy decision this week, while the currency is also likely to rely on the central bank intervention for support ...
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