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The Indian rupee rose on Thursday after weak U.S. jobs data bolstered Fed rate cut bets, while a U.S.-Vietnam trade deal lifted regional sentiment.
The Indian rupee touched its strongest level in a month on Thursday, lifted by dollar sales from foreign banks and cutting of bearish bets on the local currency, while optimism surrounding a ...
India stocks and related ETFs have been among the best emerging market assets for several years. For many market participants, that’s enough. But U.S. investors should still account for currency ...
While the rupee's trading range has shifted from 83.00-83.50/$1 in April-June to around 83.40-83.70 this month, a sub-1% current account deficit and a steadily reducing fiscal deficit would ensure ...
The plunge of Indian rupee to historic low below Rs80 a dollar does not call for any urgent action from monetary authorities as the currency in fact has strengthened against all the other major ...
The rupee hasn’t overly depreciated Thanks to RBI continuing with its tried, tested and successful post-liberalisation policy of intervening to reduce excess volatility ...
The rupee's 50-paise gain on Friday, the sharpest since April last year, is seen as a reversal of the weakening trend in the first half of July. The appreciation will reduce pressure on the RBI to ...
Internationalising the rupee will mitigate the exchange rate risks and reduce pressure on foreign exchange reserves. This will act as a complementary system which will reduce dependence on hard ...
Finance Minister Miftah Ismail on Monday expressed confidence that the pressure on the rupee will reduce in the next week as the government has “succeeded to reduce imports.” ...