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 ...
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 ...
Photo Credit: SUSHIL KUMAR VERMA Ahead of the next meeting of the RBI’s Monetary Policy Committee (MPC), a weakening rupee poses a new threat to inflation. Economists believe that any rise in ...
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 rupee fell past 86 on Monday on a strong dollar after better-than-expected US jobs data led to an expectation that the Federal Reserve will go for lesser interest rate cuts in this year. Higher ...
This discovery has sparked widespread attention, as experts estimate the gold's value to be around 600 billion Pakistani rupees. If verified, this finding could bring significant economic benefits ...
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 ...
The rupee's decline and resulting liquidity crunch have complicated the RBI's rate cut decision for February 7. Economists are divided, with concerns about currency volatility and global uncertainties ...