MUMBAI: The Indian rupee (INR) weakened along with most of its regional peers on Tuesday as comments about trade tariffs from ...
The Durable Goods Orders in the US declined by 2.2%, or $6.3 billion, in December to $276.1 billion, according to the US ...
The local currency at 86.5775 against the US dollar, as compared to 86.5313 ay close in the previous trading session at close ...
Forex traders said the rupee continued to face pressure as investors are awaiting cues from the US FED meeting outcome.
The local unit settled on a positive note at 86.56 (provisional), registering a rise of 1 paisa over its previous close.
US Treasury Secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5% and rise gradually, per the Financial Times. However, Trump said he wants tariffs much larger ...
Decline in reserves is likely due to RBI intervention, aimed at preventing sharp depreciation of the rupee, which is now at ...
The rupee's recent depreciation against the US dollar has boosted Indian IT companies' profitability in Q3 2024. However, the ...
The Indian rupee has been on the depreciation path in the last few months due to various factors such as widening trade ...
Global macroeconomic factors, domestic economic growth, FDIs, and monetary policy decisions will drive Indian currency this ...
The Indian rupee rose 3 paise to 86.58 against the US dollar in early trade on Friday, supported by a softening greenback.
As per the latest data from the RBI, India's foreign exchange reserves saw a decline of USD 8.72 billion, down from the previous value of USD 634.59 billion. The reserves have been on a downward ...