The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in ...

Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...

Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...

Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If ...

Indian rupee gains on weaker dollar, improved trade deficit, and central bank support, marking biggest single-day increase in ...

The local currency was trading at 86.38 against the US dollar at 2:00 pm, as compared to 86.64 against the greenback on the ...

But India looks to be in the biggest trouble. The rupee keeps hitting fresh ... the import duty on gold Indians buy a lot of gold, and when they do, currency leaves the country.

This belief explains why there is a lot of hue and cry when a country’s currency is depreciating sharply, much like the rupee ...

Narrowing trade deficit in December from revised November figures also boosted sentiment as it indicated a more favourbale ...

The Indian rupee opened weaker on Friday. The currency weakened by two paise to open at Rs 85.88 against the greenback, ...