Tag: Rupee exchange rate
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Rupee at record low: Markets eye RBI’s next move as currency breaches 89; corporates’ worries mount
The rupee's trajectory has become a key concern for financial markets. Banks have reduced trading exposures, while numerous importers with large unhedged...
India’s forex reserves dip to nearly six-month low
India's foreign exchange reserves fell by nearly $2 billion to an almost six-month low of $652.87 billion as of December 13, data...
Rupee breaches 85/$ for 1st time on Fed’s comment of fewer rate cuts in future
MUMBAI: The rupee breached the 85 level for the first time on Thursday as the dollar gained ground across most currencies in...
