The rupee's recent depreciation against the US dollar has boosted Indian IT companies' profitability in Q3 2024. However, the ...

The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar ... cause the value of its currency to fall. The current bout of rupee depreciation ...

The rupee experienced a minor decline against the US dollar, depreciating by 0.03% in the interbank market on Monday. By the close of trading, the rupee settled at 278.83, reflecting a loss of 8 ...

Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank governor Raghuram Rajan ...

For example, if the nominal dollar exchange rate is ₹85, the dollar price of foreign goods is $10 and the rupee ... appreciation, and any decrease or negative change implies depreciation.

The appreciation ... projection of the value of the rupee in 2024-25. It is expected to average at Rs 302 per dollar during the year, implying, thereby, a depreciation in the value of the rupee ...

"The depreciation ... rupee, he added. "Also we have to factor in that the currency of other competitive countries such as Chinese Yuan, Japanese Yen, and Mexican Peso against the US dollar have ...

The 1991 devaluation opened the door for further depreciation ... rate management given that India is recipient of very large remittances, a net importer of capital. Large dollar inflows cause the ...

In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar. Mumbai: The rupee is expected ... effective exchange rate (REER) is an inflation ...

The Rupee closed at a lifetime low on Friday in the backdrop of the Dollar ... depreciation, but it will hurt the growth prospects for 2025 and beyond,in our view. Therefore, the interest rate ...