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 problem stems from the large variety of 10-rupee coins in circulation ... Coins continue to pile up as banks struggle to count them and fear spreads. In some areas the coins simply aren ...
Foreigners turning sour on their India portfolios and the uncertainty over Trump's planned policies have prompted speculators to pile on bearish bets on the rupee and increase their hedging activity.
A depreciating rupee will slow down growth for startups that are already finding it expensive to scale up, besides impacting margins of companies exporting goods and services With the rupee at 81 ...
Foreigners turning sour on their India portfolios and the uncertainty over Trump's planned policies have prompted speculators to pile on bearish bets on the rupee and increase their hedging activity.