The Indian rupee has witnessed a record fall against the US dollar, hitting an all-time low of 85.21 on Tuesday. This is the ...
In contrast, the leather goods segment, which heavily depends on imported components like synthetic materials and metal ...
The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
RBI, which has been intervening in currency markets to prevent a sharp fall in the rupee, must reassess its stance.
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
MUMBAI: In a bid to support a falling rupee, which lost as much as 125 paise between October 10 and December 24 when it ...
The Reserve Bank of India (RBI) in its report highlighted that the Real Effective Exchange Rate (REER) of the Indian Rupee ...
By adopting a well-informed and balanced strategy, retail investors can navigate this challenging phase and position ...
India's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of ...
For example, the current spot gold price for 1 gram of gold would be converted into Indian Rupees according to the current exchange rate. How is the current price of gold per ounce determined? There ...
Later, when the victim checked the bundle, he found only one US dollar note and all other blank paper pieces, the official said. Based on the victims complaint, the police on Tuesday registered an FIR ...