USD/INR continues its upward momentum for the fourth consecutive day, trading around 87.10 during Wednesday’s Asian session.
A firmer USD, ongoing Foreign Institutional Investors (FIIs) outflows, and downbeat Indian economic data weigh on the INR.
The Indian rupee eased on Wednesday, holding above 87 per US dollar mark as it lingers just around record low against the US dollar. INR edged up a bit in last session as the US dollar index retreated ...
Virmani said the RBI's stated policy is that it does not target a specific exchange rate but intervenes in the market to ...
Earlier in the day, the Indian currency opened at 87.12 vs the greenback against Tuesday’s close of 87.07 vs dollar. The ...
Finance Minister Nirmala Sitharaman has rejected fears over the depreciation of the Indian Rupee. Speaking to PTI, she ...
The dollar index was up 0.3% at 109.8, while Asian currencies weakened, with the offshore Chinese yuan down 0.5% at 7.35 per ...
Indians diversifying investments with US stocks gain an advantage due to the strength of the dollar, as their value increases ...
Explore why the USD/INR exchange rate has jumped to a record high and what to expect later this year as the RBI starts ...
The Indian rupee weakened past 87 to the U.S. dollar for the first time ever on Monday in the wake of a slump in Asian ...
"The Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 5 billion for a tenor of 6 months" on January 31, ...