The spectre of imported inflation through the falling rupee is a challenge before the Monetary Policy Committee of the Reserve Bank of India even as several analysts are banking on a rate cut in ...
Investing.com-- The U.S. dollar steadied on Wednesday, retaining a bulk of its overnight gains after strong consumer inflation data furthered bets on higher-for-longer rates, while the British pound..
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 ...
India’s new central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb ...
The rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59 against the US dollar during mid-session on Monday due to strengthening of the American ...
The United Nations officially recognizes 180 currencies worldwide, used as legal tender in 195 countries. However, popularity and wide usage do not necessarily equate to the value or strength of a ...
Investing.com -- Stocks sank on Wednesday as investors awaited the outcome of the vote on the debt ceiling deal, over objections from GOP members who wanted more spending cuts. The voting has begun in ...
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 ...
Chart is downloadable as jpg, png or pdf. Near-term outlook: Is the Rand going to get stronger or weaker against the Rupee in the coming weeks? Medium-term outlook: Is the Rand going to rise or ...
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 Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two years, building on its rally in the last quarter. The 1-month ...