The reserves had been on a declining trend recently due to revaluation along with forex market interventions by RBI to help reduce volatilities in the rupee. The forex reserves had increased to an all ...
NITI Aayog member Arvind Virmani has said the recent depreciation of the rupee is due to the strengthening of US dollar and opined that in this period of global uncertainty, India should also look ...
The Sensex and Nifty were both down in early trading. PTI US President Donald Trump’s tariffs on China, Mexico and Canada have caused the rupee to fall and spooked markets. On Monday, the rupee hit an ...
The Indian rupee (INR) dropped to an all-time low of Rs 87.1450 per dollar, down 0.6% from Friday. It may be noted that the rupee has fallen almost 4% since October 2024. Listen to Story Rupee plunges ...
The rupee depreciated 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday after Trump Tariffs on Canada, Mexico and China triggered fears of a broad trade war.
Rupee dropped 0.5% to a low of 87.07 per dollar in early trade, as against its previous close of 86.61/USD.(Photo: AFP) The Indian rupee opened at a record low on Monday, breaching 87 per US ...
The move will result in an annual 1 trillion Indian rupee ($11.6 billion) hit to Treasury revenues. Measures to assist the poor, youth, farmers and women were also included in the budget for 2025 ...
A falling rupee may be perceived as a sign of a weak economy, and it's no solace that all major currencies in the world have lately been under pressure Listen to Story Rupee fell to a record low of 86 ...
MUMBAI, Jan 31 (Reuters) - The Indian rupee slipped to an all-time low on Friday, as the threat of U.S. trade tariffs under President Donald Trump weighed on most Asian currencies, while the ...
It will also conduct a 56-day variable rate repo (VRR) auction of ₹50,000 crore on 7 February and a dollar-rupee sell swap auction of $5 billion for a tenor of six months on 31 January.
Cred and One Mobikwik Systems Ltd. announced on Tuesday the launch of their respective e-rupee pilot, in collaboration with the Reserve Bank of India and Yes Bank, the companies said in their press ...
For every rupee the government collects, here’s a broad approximation of how it is divided (based on FY 2022-25 Budgets): Taxes: About two-thirds of the government’s income comes from taxes.