The currency had risen to a near-two-week high of 86.47 earlier in the day but could not maintain its strength. The heightened demand for dollars at the daily reference rate set by the central bank ...
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on ...
The RBI’s willingness to accept a larger scale of currency depreciation aligns with its looser policy approach and increased volatility in the currency markets. Following a recent rate cut by the RBI ...
By Nantoo Banerjee With Indian Rupee (INR) dwindling almost daily against US Dollar (USD), it is good the Union Budg ...
The Singapore dollar strengthened slightly against its U.S. counterpart in the Asian trading session amid risk-on sentiment from gains across most regional equity markets.
Indian Rupee depreciated 3.60% since September 2024, which was lower compared to the Japanese Yen (-6.49%), Canadian Dollar ( ...
Broader Asian currencies kept to a tight range, especially after the Fed’s Powell said in a Tuesday testimony that the ...
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