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 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 ...

India’s new central bank governor, Sanjay Malhotra, appears ready to let the rupee move more freely against regional peers while still intervening to curb sharp volatility, according to a ...

The Indian rupee opened stronger on Wednesday (January 15), gaining 15 paise to trade at 86.49 against the US dollar. This recovery follows Tuesday’s (January 14's) close at 86.64 and comes after the ...

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 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 ...

India’s new central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb ...

The freefall of Indian Rupee against US Dollar in the past few days is primary due to better-than-expected US jobs data, which could mean that the Federal Reserve could go for lesser interest rate cut ...