rupee vs dollar

MUMBAI: The Indian rupee notched its biggest one-day gain in a year on Tuesday against a wobbly dollar as local equities saw a rush of foreign investor inflows. The partially convertible rupee surged 0.6% to 79.45 in its best session…

The recent Indian blockbuster movie RRR ticked all the boxes – scale, entertainment, and box office collections. Set in 1920, the epic action drama is believed to be one of the most expensive and among the highest-grossing Indian films…

Several mid-sized and small Indian companies with overseas units are facing delays in securing regulatory approvals for investments into foreign subsidiaries or payments to offshore investors, people familiar with the matter told ET. The…

The Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said that the Indian Rupee is holding up well as compared to several developed economies and that the central bank has zero tolerance for wild swings in the forex market.…

The Rupee breaching the psychological mark of 80 on Tuesday for the first time ever has set off alarms if this slump signals a further deterioration of the Indian economy. While a weaker Rupee tends to do more harm than good, some…

"Rupee depreciation inline with all emerging market currencies. Indian rupee has its eyes set on the 81 to the dollar mark in the near term," says Sugandha Sachdeva, Vice President - Commodity and Currency Research, at Religare Broking…

The inflation in the US continues to be persistently high, with the latest number touching a new 40-year high of 9.1% in June. The higher-than-expected inflation reading has upped the probability of a 100 bps rate hike in the coming FOMC…

The launch of international trade in Indian rupees could lead to annual savings of $30-36 billion in hard currency and widen the scope for such trades with countries in the region, easing pressure on the exchange rate, experts told ET.…

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…

Pressure on the rupee is expected to ease soon with forward premiums likely rising from decadal lows after the Reserve Bank of India (RBI) this week signalled its intent of minimal future interventions in the currency-derivatives market…