Tag: inr usd

The rupee has declined 4.5% versus the US dollar over the year so far and is among the worst-performing Asian currencies this year. (Reuters)
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Rupee opens 0.4% stronger against US Dollar as RBI seen propping up currency| Business News

The Indian Rupee strengthened 0.4% against the US Dollar on Monday as the Reserve Bank of India intervened to prop up the local currency. The…

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The RBI is keeping a close watch of the rupee's movements and would take "appropriate steps" as warranted, Governor Sanjay Malhotra had said earlier in October. (PTI)
Posted in Business

A stable rupee vs dollar fuels speculation of RBI returning to old playbook| Business News

The Indian Rupee (INR) has barely budged against the US Dollar (USD) over the past three weeks, prompting some traders to speculate that the Reserve…

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