Indians diversifying investments with US stocks gain an advantage due to the strength of the dollar, as their value increases ...
The rupee recovered 16 paise from ... of 25 basis points reduction in interest rate after a gap of nearly five years. Meanwhile, the dollar index, which gauges the greenback's strength against ...
He added that India's rupee has depreciated at nearly half the rate ... s depreciation has slowed significantly in recent years. "If you study the depreciation of the rupee until 2014 versus ...
Mumbai: The Reserve Bank of India’s (RBI) aggressive intervention in the forex market over the last two days helped the rupee ...
The dollar index was at 108.52, versus 109.8 on Monday. The appreciation in the local currency comes after the rupee closed a ...
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 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 ...
That is true when the rupee’s value vis ... vis-à-vis the dollar reflect the appreciation of the dollar against most of the world’s currencies. But since the consequent depreciation has ...
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