Market participants were betting that the rupee may breach the 86/$ mark by the end of January because of overvaluation.
The rupee recovered slightly from its record low and settled with a gain of 5 paise at 85.86 against the US dollar on ...
The rupee weakened to its lifetime intraday low on Thursday to 85.932 per dollar before closing at 85.848/$1, little changed ...
The rollout of 5G technology in India is not just enhancing connectivity — it is transforming how financial systems operate.
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, ...
UPI One World allows foreign nationals and NRIs to make seamless digital payments in India, eliminating the need for cash or ...
“As the dollar index fell, the Indian rupee gained up to 85.65 during the day before dollar buying from importers and oil ...
The Indian rupee has come under pressure in the last few weeks due to various domestic as well as international factors.
At the interbank foreign exchange, the rupee opened at 85.77, slipped to 85.80 before trading again at 85.75 against the ...
The rupee depreciated 7 paise to 85.75 against the US dollar in early trade on Tuesday, dragged down by a strong American ...
The Indian rupee showed signs of recovery after hitting a record low against the US dollar. Despite global market pressures, ...