The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond ...
The rupee declined to 85.2075 against the U.S. dollar, casting a shadow on its previous record low of 85.12 hit on Monday ...
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If ...
The Indian rupee dropped to its lifetime low on Tuesday, hurt by persistent dollar demand from importers, including local oil ...
To Mint Street’s credit, India resolved a macro trilemma in its own special way—keeping all three settings of an ‘impossible ...
The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction ...
The Indian central bank was likely selling dollars to limit the rupee's losses after it hit a record low on Tuesday on higher ...
Republic Business on MSN16h
For How Many Months Indian Forex Reserves Can Cover Imports? RBI SharesIndia's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of ...
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