On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to impose 25% tariffs on Canada and Mexico. The days of stability in the ...

The Indian rupee fell to a record low on Monday after U.S. President Donald Trump slapped tariffs on imports from the country ...

Bankim Chandra Chattopadhyay wrote Radharani in 1875. In the old currency system, which prevailed during the time, one rupee equalled 192 pies and one pice equalled 3 pies. An anna equalled 4 pice or ...

The rupee recovered 16 paise from all-time low closing level to 87.43 against the US dollar in early trade on Friday (Febraury 7, 2025) ahead of the Reserve Bank of India's monetary policy ...

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 ...

The rupee felt the ripple effect of the escalating tariff war between the US and other countries (Canada, Mexico and China), breaching the crucial 87 to the US dollar mark, to close at an all-time ...

Addressing the media after the meeting of Finance Minister Nirmala Sitharaman with the Reserve Bank board, Malhotra said that the central bank focuses on the value of the rupee in the medium to ...

For two years the rupee was stable. So stable that the International Monetary Fund reclassified India’s exchange-rate regime to ‘stabilised arrangement’ from ‘floating’ in December 2023.

The SBP has released the estimate of the Real Effective Exchange Rate (REER) Index of the rupee in December 2024. It stands at 103.7, as compared to 103.2 in November. The value in December is the ...

MUMBAI, Feb 10 (Reuters) - The Indian rupee dropped to its lifetime low on Monday as the risk of fresh U.S. trade tariffs spurred losses in most regional currencies, with the Reserve Bank of India ...

During the day, the rupee weakened to a new record low at close to 88-to-a-dollar mark but closed substantially off that mark, at 87.48, while gold prices inched closer to the Rs 88,000-per-10 ...

The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a trade war and foreign portfolio outflows persisted, pushing the rupee to its ...