newsbytesapp.com13h
RBI spent $44.5B to protect Indian rupee's value in October
The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
Rupee hits record low for sixth straight session as broad dollar strength persists
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond ...
americanbazaaronline.com23h
US bond yields boost dollar, leave Indian rupee weakened
The rupee declined to 85.2075 against the U.S. dollar, casting a shadow on its previous record low of 85.12 hit on Monday ...
Rupee at 85 to a Dollar: Sinking Towards 100?
The Indian rupee’s exchange rate against the US dollar has breached the 85-mark. What does it mean? Why has the rupee ...
Indian central bank likely selling dollars to cap rupee depreciation, traders say
The Indian central bank was likely selling dollars to limit the rupee's losses after it hit a record low on Tuesday on higher ...
Why is the Indian rupee falling against the US dollar?
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If ...
Should RBI shift gear on its managed float of the Indian rupee?
To Mint Street’s credit, India resolved a macro trilemma in its own special way—keeping all three settings of an ‘impossible ...
Rupee plumbs new lows on month-end dollar demand
The RBI's foreign exchange reserves dropped to a six-month low of $652.8 billion, reflecting the central bank's frequent ...
Republic Business on MSN15h
For How Many Months Indian Forex Reserves Can Cover Imports? RBI Shares
India's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of ...