Tag: rupee depreciation
India’s forex reserves near 4-month low; declines $867 million to $593.037 billion: RBI Data
India's foreign exchange (forex) reserves fell for a [...]
India’s forex reserves up for 5th consecutive week
ANI |
Updated: Dec 17, 2022 13:46 IST
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Rupee falls 14 paise to 82.35/USD amid sustained forex outflows
The rupee depreciated 14 paise to 82.35 against the US dollar in the morning trade on Wednesday amid the strengthening of the American currency and su [...]
RBI rate hike: Why rate hike by RBI may not compromise growth
Earlier this week, the Reserve Bank of India (RBI/ Central Bank) increased the interest rate by 50 basis points. An increase of around 35 bps was larg [...]
RBI may need to tweak its forex strategy, allow rupee to weaken: Experts
Since the past few days, the rupee has hit a series of record lows and is currently around 79 against the US dollar as concerns over economi [...]
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