indian rupee vs dollar

A blowout inflation print from the US and the prospect of a recession have analysts in a tense huddle over the Indian National Rupee's (INR) descent. CPI inflation in the US came in at 9.1% in June, higher than a consensus estimate of…

The Reserve Bank of India (RBI) has put in place a mechanism under which the final settlement of export and import payments by Indian traders can be made in rupee. Besides helping curb demand for foreign exchange and, thereby, support…