Forex traders said strong dollar demand from corporates, importers and foreign portfolio investors pressurised the rupee.
The domestic currency has weakened not only against the dollar, but also the euro, pound, yen and yuan. And low inflation has ...
Right now, the US dollar index has slipped below 100, signalling its weakness. Still, the rupee has continued to fall against ...
The Indian rupee has fallen below Rs 90 to the US dollar for the first time, signaling a shift in economic perception and ...
The slide in rupee-dollar exchange rate underscores a divergence in India's macroeconomic data—GDP is growing at a faster clip but so is the trade deficit.| Business News ...
RBI’s forex reserves have dropped around $10 billion since mid-September, indicating that it may have stepped in to defend ...
The USD/INR exchange rate continued its bull run as investors waited for the upcoming Reserve Bank of India (RBI) interest ...
Three-and-a-half years after the rupee broke past 80-per-dollar, the currency has breached another psychological milestone ...
An analytical look at how India’s 8.2 percent GDP growth coexists with a weakening rupee, driven by global dollar strength, ...
The rupee's slide does not mean India's growth numbers are suspect. It means that in a globalised, dollar-dominated financial ...
After the RBI's monetary policy announcement, the rupee lost ground and fell to 90.05 against the American currency, a ...
The central bank's intervention has become more unpredictable, discouraging speculative trades but also risking a deeper ...