Tag: rupee dollar
India scraps more South American soy oil cargoes as rupee slumps
India, the world’s largest vegetable oil buyer, canceled more soybean oil shipments from South America as the rupee’s slump to a record low widened the…
RBI seen resorting to heavy intervention again to support rupee against dollar| Business News
The Reserve Bank of India (RBI) has once again resorted to heavy intervention to strengthen the rupee past the 90/dollar mark after a dip at…
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 strengthens to under 90/dollar after nearly a week after RBI steps in| Business News
The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in…
INR USD | Rupee roars back on RBI support to rise the most in seven months
The Indian rupee strengthened the most in seven months on Wednesday after the Reserve Bank of India aggressively sold dollars to support the currency. Stocks…
Policymakers count the costs as rupee breaches 90/dollar barrier: Here is what could be in store for India now
The rupee sank to a record low against the US dollar on December 3, briefly breaching the psychological 90 mark before settling just below it….
Indian exporters lobby RBI for weaker rupee to offset US tariffs
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business at a rupee rate that’s…