Tag: Exchange Rate
Rupee strengthens against dollar to 89.45 on FII inflows, RBI actions| Business News
The Indian Rupee continued to strengthen against the US Dollar on Monday, supported by foreign buying in the world’s fifth largest stock market. The rupee…
Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on| Business News
The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US…
Hedging against Indian Rupee weakness turns costlier as 90/US Dollar looms| Business News
Hedging against the Indian Rupee’s weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns about further depreciation and expectations…
Rupee weakens to record low against US dollar| Business News
The Indian rupee dropped to a lifetime low on Monday, with unfavourable trade and portfolio flows and the lack of a U.S.-India trade deal overshadowing…
Rupee Slide: Short-term gains for some exports to be limited by 50% US tariffs
New Delhi: Steep US tariffs would limit short-term gains of India’s garment and handicraft exporters from a weaker rupee, according to industry officials. The rupee…