According to officials, the entire census and NPR exercise is likely to cost the government more than Rs 12,000 crore.
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 Financial Times is understandably worried about the future of the Indian economy. Their latest report on the rupee’s decline and its implications for inflation also includes concerns about the ...
Have you been following the troubles of the Indian rupee, which has crashed to historic lows over the last few days? Those of you with long memories will remember that the last time this happened, ...
The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...
The rupee rebounded from its lowest-ever level and appreciated 21 paise to 86.49 against the US dollar in early trade on Tuesday on the back of retreating American currency and easing crude oil prices ...
The Indian rupee's decline to a historic low of 86.59 against the US dollar on Monday has stirred concerns, but former Reserve Bank of India (RBI) Governor Raghuram Rajan has provided a measured ...
Capitalmind CEO Deepak Shenoy on Wednesday said that the rupee can appreciate 15-20% in the next two years if the RBI does not intervene and allow a free market. He also said the central bank is ...
The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend ...
The Indian rupee hit an all-time low of 86.6475 on Tuesday due to strong dollar bids, partially spurred by maturities in the NDF market. RBI intervention helped limit losses. The rupee saw its ...
The Indian rupee rebounded from its lowest-ever level and settled 17 paise higher at 86.53 against the US dollar on Tuesday, January 14, after the American currency retreated from a record high ...
The rupee weakened sharply after the Bloomberg News report, losing as much as 0.14% to touch a new record low of 86.7025 per dollar. It recouped losses soon after to trade at 86.5875 per dollar as ...