A weak offshore Chinese Yuan, strong USD demand from importers, and higher crude oil prices weigh on the INR.
Nonetheless, the combination of a favourable exchange rate and steady demand for digital transformation projects bodes well ...
Why is the Priority Sector Lending (PSL) relevant to the UPSC exam? What is the significance of topics such as the Exchange ...
Rupee hits all-time low against USD due to strong dollar, weak Chinese yuan, importer demand, and Fed rate cut concerns.
To Mint Street’s credit, India resolved a macro trilemma in its own special way—keeping all three settings of an ‘impossible ...
The Indian stock market is a platform where shares of publicly listed companies are bought and sold, enabling investors to ...
The Indian rupee’s exchange rate against the US dollar has breached the 85-mark. What does it mean? Why has the rupee ...
The Indian Rupee has hit a record low, plummeting to 85.12 against the US dollar. This is the fifth trading session in a row ...
A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to ...
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If ...
The Indian rupee weakened against the US dollar, closing at 85.04. A strong dollar and continued foreign fund outflows ...
The Indian rupee weakened on Monday, pressured by a decline in the offshore Chinese yuan and month-end importer dollar bids, ...