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Veteran investor Madhusudan Kela is not the least surprised with the massive fall in the Rupee in the past month. In an ...
The dollar/rupee forward premiums, meanwhile, extended declines this week, as the Reserve Bank of India conducted buy/sell ...
The dollar index rose 0.1% to 108.289 while Asian currencies were mostly weaker, with the Malaysian ringgit down 0.4% and leading losses ...
(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 ...
The rupee witnessed high volatility in morning trade on Wednesday (January 22, 2025), as the support from positive domestic equities was weighed down by significant pressure from global ...
To manage steep volatility in the forex market, the RBI has routinely stepped in by selling US dollars in the forex market to arrest rupee depreciation.
Meanwhile, the rupee saw a slight improvement against the US dollar, appreciating by 0.05% in the inter-bank market on Friday. By the end of the trading session, the currency closed at 278.71 ...
MP Ravi Karunanayake stated that the Rupee should not be devalued to allow vehicle imports for the satisfaction of a few. Addressing a press conference yesterday (16) Karunanayake further mentioned: ...
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 ...
India’s new central bank governor, Sanjay Malhotra, appears ready to let the rupee move more freely against regional peers while still intervening to curb sharp volatility, according to a ...
The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend ...