Tag: rupee dollar exchange rate
Posted in Business
Sensex down 800 points, Nifty below 26,000 — Why is stock market down today?| Business News
India’s stock market suffered a late sell-off today, with the benchmark indices tumbling sharply, wiping out over ₹7 lakh crore of investor wealth in the…
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…
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…