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India central bank not in favour of rate hikes to defend rupee, prioritises inflation, sources say
By Ira Dugal and Jaspreet Kalra MUMBAI, May 22 (Reuters) - India's central bank does not see interest rate hikes as the best ...
The article explains the major reasons behind the weakening rupee, including rising dollar demand, foreign investment outflows, and import dependence. It also highlights how currency depreciation ...
Economists warn that the benefits could be temporary if the rupee collapse fuels inflation and erodes household purchasing ...
NRI deposits in Indian banks declined by nearly $2 billion in March as global interest rates, currency movements, and overseas investment opportunities influenced investor decisions.
The Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include ...
A Moneycontrol analysis of historical exchange-rate data shows the rupee took just five months to weaken from 90 to 95, ...
The Reserve Bank of India said on Wednesday it will conduct a dollar/rupee buy/sell swap auction of $5 billion for a tenor ...
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Indian rupee's valuation sinks to over-a-decade low, bruised by Iran war, portfolio outflows
MUMBAI, April 24 (Reuters) - The Indian rupee's valuation versus other major currencies calculated on a trade-weighted basis has fallen to its lowest in more than a decade, hit by the Iran war‑driven ...
Rupee vs dollar: After falling below 90 per US dollar rates on Wednesday, the Indian National Rupee (INR) extended its free fall for the seventh straight session on Thursday and touched a new lifetime ...
India’s currency lost around a tenth of its value against the dollar in the fiscal year to the end of March. The GDP rankings do not matter (beyond wounded pride). India, which is growing five times ...
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