The Pakistani rupee has once again slipped past the 280 threshold against the US dollar in the interbank market, a level last seen in January 2024. As per the latest exchange rate, the rupee ...
The rupee fell sharply by 51 paise to settle at 87.21 against the US dollar on Tuesday due to month-end dollar demand by importers and capital outflows amid uncertainty over US trade tariffs. Jateen ...
The rupee was one of the weakest-performing Asian currencies, closing at 87.21/$1 compared to its previous close of 86.70/$1, despite central bank intervention that helped curb excessive losses, ...
Last day of Maha Kumbh 2025: The Mela, which began on January 13, was expected to draw over 40 crore visitors over six weeks, making for the largest gathering of humanity in the world. However, ...
As the Indian rupee continues to fall against the US dollar, students from India who plan to travel abroad for higher studies stare at a tough road ahead. Recently, the rupee breached 87 against ...
The Indian rupee hit 87.23 against the US dollar due to FPI outflows, oil demand, and US trade tariff concerns, impacting imports and inflation “The outlook for the rupee is bearish. With the ...
The rupee declined 16 paise to 86.88 against the US dollar in early trade on Tuesday (February 25, 2025) amid a strengthening greenback, sustained FII outflows, and a rise in Brent crude prices.
But will the entry of these fintechs help increase awareness about how to deploy e-rupee and promote usage of CBDC wallets? After the central bank enabled CBDC issuance for third-party application ...
RBI Forex Swap: Even as the Reserve Bank of India (RBI) is set to conduct a $10-billion buy-sell rupee-dollar swap on February 28 (Friday) to boost rupee liquidity in banks, India’s short-term ...
A weaker rupee is supposed to benefit net exporting sectors such as apparels and leather goods, which are also labour intensive, so it helps in job creation too. Therefore, it’s desirable.
MUMBAI, Feb 24 (Reuters) - The Indian rupee was unable to sustain an uptick at the open on Monday, pressured by dollar buying by state-run banks, likely on behalf of oil companies. The rupee was ...