India’s Economy Slows Down Just When It Was Supposed to …
5 days ago · Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. By Alex Travelli Reporting ...
Rupee logs biggest weekly gain in more than a year, but …
2 days ago · The Indian rupee rose on Friday and posted its biggest weekly rise more than a year, helped by relief in the Asian forex space over U.S. President Donald Trump not levying tariffs immediately on taking office. The rupee closed up 0.3% at 86.2050 per U.S. dollar, and was up 0.5% this week, highest since week ended Aug. 25, 2023.
Rupee logs biggest weekly gain in more than a year, but …
2 days ago · The Indian rupee rose on Friday and posted its biggest weekly rise more than a year, helped by relief in the Asian forex space over U.S. President Donald Trump not levying tariffs immediately on ...
The great Indian rupee slide: All that you want to know
Jan 14, 2025 · The Indian rupee reached an all-time low of 86.63 against the US dollar due to a stronger dollar and various global factors. Despite RBI interventions, analysts predict a continued fall possibly past 90 per dollar, driven by US economic policies, higher oil …
What does the rupee's historic low mean for India's economy?
4 days ago · A weaker rupee will make India an attractive destination for businesses, as Indian labour, land and capital become relatively cheaper. Rapid growth of GCCs in India is a testament to this. In 2022, India became the first country to receive over $111 bn in remittances, nearly 2.2x the $49 bn in FDI inflows.
In calibrated move, RBI loosens grip, lets rupee ... - The Indian …
Jan 18, 2025 · Rupee traders have been keen to assess the new RBI Governor’s view on the currency since he assumed office last month. “Recent rupee price action points to a higher tolerance for a weaker exchange rate, demonstrated in the -2.1 per cent fall in the rupee vs dollar in Q4 of FY24, compared to nearly flat Q1-Q3.
Rupee to rise amid dollar swings on Trump tariff news flow
5 days ago · The Indian rupee is poised to open higher on Tuesday amid swings in the U.S. dollar, spurred largely by the news flow and headlines related to U.S. President Donald Trump's tariff plans.
Rupee ends at record closing low, pressured by outflows, weak …
Oct 17, 2024 · The Indian rupee ended at its weakest closing level on record on Thursday, weighed down by strong dollar demand from foreign banks, likely due to outflows from equities, and the weakness in...
'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': …
2 days ago · Press Trust of India; India News; Jan 24, 2025 14:47 pm IST. Published On Jan 24, ... Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank governor ...
As rupee hits new lows, real effective exchange ... - The Indian …
Dec 27, 2024 · The rupee’s REER — an index similar to that for consumer prices or industrial production, with 2015-16 as the base year and currency weights derived from the shares of the individual countries in India’s total foreign trade — fell from 105.32 in …