Record high NDF trading volume in India's offshore hub amid rupee concerns prompts banks and companies to exploit arbitrage.
Liquidity in the banking system came under pressure due to various factors, such as tax outflows and the RBI’s intervention in the forex market to stabilise the rupee.
Nilesh Shah, MD, Kotak Mahindra Asset Management Company, however, strikes an optimistic note: “Balancing growth, inflation, ...
Gold prices fell in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 7,339.90 Indian Rupees (INR) per gram, down compared with the INR 7,357.66 it cost on ...
UPI One World allows foreign nationals and NRIs to make seamless digital payments in India, eliminating the need for cash or ...
The Indian rupee weakened 14 paisa on Wednesday to close at a record low of 85.845/$1, amid strong US economic data and ...
After world-beating economic growth last year, India’s policymakers are scrambling to head off a sharp slowdown as worsening ...
“As the dollar index fell, the Indian rupee gained up to 85.65 during the day before dollar buying from importers and oil ...
The official data for the first advance estimates of national income for 2024-25 will be released on Tuesday, January 7.
The Indian rupee has come under pressure in the last few weeks due to various domestic as well as international factors. These include India’s sluggish growth, outflows by foreign investors from ...
At the interbank foreign exchange, the rupee opened at 85.77, slipped to 85.80 before trading again at 85.75 against the ...
The Indian rupee showed signs of recovery after hitting a record low against the US dollar. Despite global market pressures, ...