Rupee weakens against dollar due to strong American currency, high crude oil prices, and foreign fund outflows.
The Indian rupee depreciated by 16 paise to close at 86.56 against the US dollar on Thursday, driven by a strong US dollar, ...
Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
Investors await the US December Retail Sales and weekly Initial Jobless Claims releases on Thursday for fresh impetuses.
Indian rupee gains on weaker dollar, improved trade deficit, and central bank support, marking biggest single-day increase in ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
Bank of America (BofA) analysts noted a shift in the trading behavior and volatility of the Indian Rupee (INR), attributing ...
The local currency was trading at 86.38 against the US dollar at 2:00 pm, as compared to 86.64 against the greenback on the ...
This belief explains why there is a lot of hue and cry when a country’s currency is depreciating sharply, much like the rupee ...
A surge in oil prices, continued outflows from foreign investors, and a rally in USD might cap the INR's upside.
The Indian central bank intervened ... four traders told Reuters. The rupee was last quoted at 86.5150 per US dollar as of 09 ...
The Indian central bank intervened heavily before the opening of the local spot market on Tuesday, looking to support the ...