Tag: Indian rupee value
Rupee gains 18 paise to 82.17 against US dollar
The rupee rose 18 paise to 82.17 against the US dollar in early trade on Tuesday on easing crude oil prices.
Forex traders said sustained foreign fund [...]
Many exporters, importers reluctant to hedge forex exposure
Despite the 11.2 per cent fall in the rupee’s value in 2022, a large section of exporters and importers are reluctant to fully hedge their foreign exc [...]
Rupee breaches 81, policy challenge: let it find its value or burn forex, hike rates
As the rupee breached the 81-mark to the US dollar intra-day Friday, policy makers in New Delhi are in a dilemma with the Reserve Bank of India (RBI) [...]
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