The Indian Rupee (INR) struggles to gain ground against the US Dollar (USD) during late Indian trading hours on Wednesday.
The Indian Rupee (INR) trades lower against the US Dollar (USD) after a flat opening on Friday. The USD/INR pair rises to ...
The rupee at a historic low against the US dollar increases inflation, raises overseas education and travel costs, impacts ...
Conversely, the downside risks are considerable. Servicing dollar-denominated debt becomes more expensive in INR terms. The ...
The Indian rupee has bounced back in the past two weeks, making it one of the top-performing currencies in the emerging ...
The probability of a December rate cut dropped from over 90% to about two-thirds, while the dollar index rose 0.4%, regaining the 99 mark.
The currency has tried to breach the 88.80 level against the US dollar several times in recent weeks, but it has been in vain ...
Frequent interventions by the Reserve Bank of India had helped the rupee hold above the 88 mark last week, but traders also ...
RBI sold USD 7.7 billion in August to control rupee volatility and prevent further depreciation against the US dollar. Read ...