Tag: rupee dollar exchange rate

FILE PHOTO: A customer holds hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi, India, May 24, 2024. REUTERS/Priyanshu Singh/File Photo (REUTERS)
Posted in Business

Rupee weakens past 90/Dollar for the first time| Business News

The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark on Wednesday, extending its rough patch as the weakness in trade and…

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Posted in Economy

RBI’s forex strategy yields better results than IMF approach, says deputy governor Poonam Gupta

The Reserve Bank of India’s (RBI) currency management policy of building up foreign exchange reserves and intervening in the currency market to smoothen volatility may…

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