Posted inBusiness
RBI Considers Rupee Undervalued as FCNR(B) Inflows Surge Past $32 Billion
As FCNR B deposits top 32 billion dollars, the RBI views the rupee as undervalued while prioritizing inflation control to sustain economic growth.
Posted inBusiness
Indian Rupee Slips 4 Paise to 96.57 Against U.S. Dollar Amid Central Bank Defense
The Indian rupee edged lower by 4 paise to settle at 96.57 against the U.S. dollar on Tuesday in interbank foreign exchange markets, weighed down by persistent foreign fund outflows…
Posted inBusiness
India Leverages FCNR(B) Deposits as Rupee Shield Amid Global Economic Volatility
The Reserve Bank of India and domestic commercial banks are increasingly utilizing Foreign Currency Non-Resident (Bank) deposits as a key macroeconomic instrument this quarter to stabilize the Indian Rupee against…
Posted inBusiness
Rupee Weakens to 96.36 Against US Dollar Amid Red Sea Shipping Risks and Oil Price Surge
The Indian rupee fell to 96.36 against the US dollar as rising Red Sea shipping tensions and surging crude oil prices spark global market concerns.
Posted inBusiness
Indian Rupee Slips to 96.42 Against US Dollar Amid Persistent Foreign Fund Outflows
The Indian rupee fell to 96.42 against the US dollar as foreign capital outflows and high US Treasury yields continue to pressure the currency.
Posted inBusiness
Indian Rupee Plummets to Record Low of 95.77 Against US Dollar in Early Trade
Learn what triggered the Indian currency to hit a historic low of 95.77 against the USD as global oil prices surge and foreign funds exit the market.
Posted inBusiness
Indian Rupee Faces Pressure as Market Volatility Strains Exchange Rate
The Indian rupee weakened by 20 paise to reach 95.16 against the U.S. dollar during early trade on July 8, driven by persistent demand for the greenback from importers and…
Posted inBusiness
Indian Rupee Declines Against U.S. Dollar in Early Trading
The Indian Rupee dips against the US Dollar in early trading, influenced by global economic shifts and market volatility.
Posted inBusiness
Indian Rupee Faces Volatility Amid Global Currency Shifts
Market Fluctuations Impacting the RupeeThe Indian Rupee experienced a day of notable volatility on July 2, initially climbing 19 paise against the U.S. Dollar in early morning trade before ultimately…
Posted inBusiness
Indian Rupee Plummets 67 Paise Amid Global Dollar Strength
The Indian Rupee falls 67 paise against a surging US dollar, reflecting global economic shifts and capital outflows impacting emerging markets.
