MUMBAI, (Reuters)- The Indian rupee has fallen to a record low. January 13 marked its biggest single-day decline in nearly two years. The rupee slid to 86.5825 before closing at 86.5750 ...

(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 ...

In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for non-resident Indians for settling current and capital account transactions with ...

The weakening rupee offers an edge to most Indian SaaS firms that bill clients in dollars, but it also brings challenges to some. SaaS (software-as-a-service) companies that build solutions in ...

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 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 ...

Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. By Alex Travelli Reporting ...

MUMBAI, Jan 21 (Reuters) - The Indian rupee shed much of its early gains to close largely unchanged on Tuesday as the U.S. dollar recovered after President Donald Trump said he was thinking about ...

Forex traders said the rupee is likely to trade within a volatile range of 86.20-86.80 ahead of key events in the global and domestic economic landscape. At the interbank foreign exchange, the rupee ...

Our family doesn't believe in the concept of dowry. We just took one rupee as 'shagun'," Neeraj Chopra's uncle said. Before the wedding, Himani also visited Neeraj Chopra's village and stayed ...

Indian rupee is likely to see a strong recovery once current market uncertainties settle down said a report by the State Bank of India (SBI). The Tribune, now published from Chandigarh ...