The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exerts relentless downward ...

Several top indian firms are rushing to hedge their currency exposures as the unexpected decline of the rupee has begun to put pressure on their profitability after two years of relative calm. The ...

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The design and material of paisa coins changed according to the economic conditions. In British rule, the paisa was divided into 64 units per rupee. After independence, the paisa continued as a ...

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. UBS Group AG is recommending to short ...

This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...

No coins were available at this time except for various foreign coins such as the widely traded and trusted Spanish real dollars. The first coinage act was proposed and it passed Congress under ...

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 296.25/35 to the US dollar in the spot market Monday, stronger from 296.40/60 to the US dollar Friday, while bond yields were flat, dealers said. Stocks ...

The value of a 2 rupee note hinges on several factors ... Auction Houses: Look into a reputable house dealing with the area of numismatics, or coin collections. They should provide an experienced ...

The Financial Times is understandably worried about the future of the Indian economy. Their latest report on the rupee’s decline and its implications for inflation also includes concerns about the ...

The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...

The Indian rupee's decline to a historic low of 86.59 against the US dollar on Monday has stirred concerns, but former Reserve Bank of India (RBI) Governor Raghuram Rajan has provided a measured ...