Snapping its three-day gaining streak, the rupee declined by 16 paise to close at 86.95 against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
The currency had risen to a near-two-week high of 86.47 earlier in the day but could not maintain its strength. The ...
The dollar index was a tad higher at 108 while Asian currencies were largely rangebound ahead of the release of closely ...
According to forex traders, the rupee stayed firm initially but lost grounds amid volatile domestic equity markets that also added to the trend of withdrawal by foreign institutional investors.
At the interbank foreign exchange, the rupee opened at 86.44 and moved between the high of 86.36 and the low of 86.91 against ...
The Indian rupee depreciated 8 paise to close at 86.87 against the US dollar on Wednesday due to a firm American currency and ...
WazirX is trying to recover 85% lost funds for the victims of the hack of July 2024. It also aims to regain the lost investor ...
The Indian rupee has faced downward pressure against major currencies like the US dollar. Factors contributing to this ...
By Nantoo Banerjee With Indian Rupee (INR) dwindling almost daily against US Dollar (USD), it is good the Union Budg ...
Finance Minister Nirmala Sitharaman discussed the causes behind the rupee's fall, citing former RBI Governor Raghuram Rajan ...
Indian Rupee depreciated 3.60% since September 2024, which was lower compared to the Japanese Yen (-6.49%), Canadian Dollar ( ...
Asia-Pacific markets mixed on Wednesday as Wall Street saw a subdued session overnight ahead of key inflation data after Fed Chair Jerome Powell reiterated that the central bank is ...
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