A vermilion dot on the forehead is one of India’s most widely accepted Hindu cultural insignias. But at the festival, where millions are flocking to pray and bathe at the confluence of India’s holy ...
The Indian rupee closed nearly flat on Wednesday after facing pressure early in the session, which was countered by dollar ...
MUMBAI, Jan 17 (Reuters) - The Indian rupee was marginally weaker on Friday as the impact of heightened dollar demand, spurred by the maturity of positions in the non-deliverable forwards market ...
Meanwhile, the Pakistani rupee remained relatively steady against the US dollar on Tuesday, registering a minor depreciation of 0.01% in the interbank market. By the close of the trading day ...
Depreciation of the rupee against the US dollar is providing limited benefits to Indian exporters due to high import content in shipments and global market uncertainties. Exporters face increased ...
The rupee also hit a life-time low against the US dollar. Market volatility was driven by surging crude oil prices, a stronger dollar index, and concerns following robust US employment data.
Rupee hits all-time low: For the Indian economy, the sustained pressure on the rupee could translate to higher import costs and a potential rise in inflation. Listen to Story Stronger-than-expected US ...
Wednesday 29 January 2025 1 USD = 86.639 INR 86.602 86.611 USD INR rate for 29/01/2025 Tuesday 28 January 2025 1 USD = 86.591 INR 86.561 86.603 USD INR rate for 28/01/2025 Monday 27 January 2025 1 ...
The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar, touching an all-time low of 85.81. The currency depreciated about 3% in 2024 ...
The rupee depreciated 2.8% in 2024 due to a strengthening USD, high US bond yields, geopolitical tensions, and substantial FPI outflows. A weak rupee poses various economic challenges. Read on to know ...
THE WEEK, in an earlier analysis, had predicted that the depreciation of the rupee would continue in the near term and may even reach the mark of 85 in the near future, but it has fallen even further ...
The Rupee depreciated four paise to close at a record low of 85.79 (provisional) against the U.S. dollar on Friday (January 3, 2025), as strong dollar demand from importers and a muted trend in ...