USD/INR last at 86.69. DBS expects USD/INR to rise to 88.8 by mid-2025 on the dollar’s haven status from Trump tariffs and the Fed delaying rate cuts to 2H.
The Indian rupee witnessed its biggest rally in over two years, recovering the 87 mark against the US dollar on February 11.
The Indian rupee surged nearly 1% against the US dollar, aided by the RBI's intervention, marking its strongest rally in over ...
The central bank’s stated objective is to maintain orderliness and stability, without compromising market efficiency, RBI ...
As part of its over Rs 1.5 lakh crore liquidity injection into the banking system, the RBI on Tuesday said it will conduct a USD/INR buy-sell swap auction of USD 5 billion (about Rs 43,000 crore) on ...
As part of its over Rs 1.5 lakh crore liquidity injection into the banking system, the Reserve Bank on Tuesday said it will conduct a USD/INR buy-sell swap auction of USD 5 billion (about Rs 43,000 ...
The Indian Rupee trades in positive territory on the day. The constructive outlook of the USD/INR pair remains intact as the price has formed higher highs and higher lows while holding above the ...
Manufacturing giant Blue Energy Motors has inked a pact with the Maharashtra government to set up an electric truck manufacturing plant with an initial investment INR 3,500 Cr (around $400 Mn ...
Blue Energy Motors plans to invest INR 3500 crore in a state-of-the-art manufacturing facility in Maharashtra. This investment is projected to generate direct employment for over 4,000 individuals.
The Pakistani rupee remained largely stable against the US dollar, depreciating 0.01% in the inter-bank market on Wednesday. At close, the currency settled at 278.85 for a loss of Re0.03 against ...
Indian rupee opened almost flat on January 22 and then fell marginally due to outflows from foreign investors. The local currency opened at 86.5650 against the US dollar, and by 9:30 AM it traded ...
Like several other nations, India is working behind the scenes to appease the Trump administration and avoid the brunt of its trade threats. The crackdown on illegal migration has been a signature ...