Tag: us dollar

ET logo
Posted in Economy

Not losing sleep over falling rupee against dollar, expects improvement next year: CEA

Chief Economic Adviser V Anantha Nageswaran on Wednesday said the government is not losing sleep over the declining rupee, which has breached the 90-level against…

Continue Reading
1 USD costs over INR 90: India rupee hits record low. What led the fall today?
Posted in Business

1 USD costs over INR 90: India rupee hits record low. What led the fall today?

Amid the delays of a trade deal between India and the United States, the Indian rupee continues the weaken and reached a record low of…

Continue Reading
ET logo
Posted in Economy

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….

Continue Reading
ET logo
Posted in Economy

Rupee depreciation against major world currencies good for economy: Rajiv Kumar

The rupee depreciation against major world currencies is good for the economy as it encourages labour-intensive exports from India, increases foreign exchange earnings and generates…

Continue Reading
ET logo
Posted in Economy

Dollar dominance unlikely to change in near future: Gita Gopinath

Gita Gopinath, former IMF Chief Economist and Deputy Managing Director, now back again at Harvard as a Professor, believes dollar dominance is unlikely to change…

Continue Reading