Tag: USD-INR exchange rate

Rupee weakens to 95.44 against dollar amid rising import bill and crude oil prices
Posted in Economy

Rupee weakens to 95.44 against dollar amid rising import bill and crude oil prices

Kolkata: The rupee weakened by another 0.35% to 95.44 a dollar amid concerns over rising import bill as the Brent crude crossed the $102 a…

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RBI should use forex reserves to prop up rupee: SBI report

New Delhi, The Reserve Bank should use foreign exchange reserves to prop up the rupee hit by the ongoing West Asia crisis, suggested a research…

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Posted in Economy

India’s import bill is likely to rise. Courtesy love for gold & gadgets amid rupee pain

India’s import bill is rising sharply once more, driven by a combination of a weakening rupee, elevated global prices for gold and crude oil, and…

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