Browsing: Indian rupee
The Reserve Bank of India(RBI) has introduced a new mechanism to settle GLOBAL trade agreements in Indian Rupees. It will…
The primary cause for the rupee decline is the withdrawal of funds from the Indian economy by FPIs and FIIs.…
After the rupee hit its record low on June 29, analysts and experts criticized the central bank for the slow decline. They have mentioned that RBI should change the outlook and the current method of intervention.
Even as most Asian currencies took a beating as investors turned to safe havens after higher-than-expected inflation data in the…
Indian Rupee hit lowest in a while against US Dollar. Crude oil price surge caused distress for trade.
The Indian rupee has been marked down by 14 paise, 77.69 against the US dollar. While tracking the persistent foreign…
As global crude prices stiffened due to speculation of significant oil producers reducing supply and with the currency strengthening itself…
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