India’s Economy Slows Down Just When It Was Supposed to …
5 days ago · Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy. By Alex Travelli Reporting ...
Ease liquidity; let rupee adjust on its own ... - The Indian Express
1 day ago · Let the rupee find its own level — that was the broad message conveyed by senior economists to the Reserve Bank of India (RBI) Governor Sanjay Malhotra in a meeting in Mumbai on Friday. Economists are learnt to have communicated to the central bank chief that the RBI’s current stance on rupee is ...
PM Modi has decided to make the rupee hit a century against the …
2 days ago · “During the global financial crisis and economic depression of 2008, the Indian rupee fell to only 48. In 2012, when the taper tantrum happened and the emerging market currencies started falling ...
In calibrated move, RBI loosens grip, lets rupee ... - The Indian …
Jan 18, 2025 · Rupee traders have been keen to assess the new RBI Governor’s view on the currency since he assumed office last month. “Recent rupee price action points to a higher tolerance for a weaker exchange rate, demonstrated in the -2.1 per cent fall in the rupee vs dollar in Q4 of FY24, compared to nearly flat Q1-Q3.
What does the rupee's historic low mean for India's economy?
4 days ago · A weaker rupee will make India an attractive destination for businesses, as Indian labour, land and capital become relatively cheaper. Rapid growth of GCCs in India is a testament to this. In 2022, India became the first country to receive over $111 bn in remittances, nearly 2.2x the $49 bn in FDI inflows.
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
The Indian rupee gained ground against the US dollar, rising to 84.6550 ahead of the Reserve Bank of India's (RBI) monetary policy decision. Analysts predict potential easing measures like a CRR reduction, but a surprise rate cut could weaken the rupee further.
Indian rupee News: Indian rupee Latest News, Indian rupee Today news ...
Dec 30, 2024 · Indian rupee News: Check here latest news and updates about Indian rupee in India. Read top headlines and breaking news today in India about Indian rupee on financialexpress.com.
Rupee ends at record closing low, pressured by outflows, weak …
Oct 17, 2024 · The Indian rupee ended at its weakest closing level on record on Thursday, weighed down by strong dollar demand from foreign banks, likely due to outflows from equities, and the weakness in...
USD/INR: Indian Rupee Breaching 85 Has Traders Watching New …
Dec 20, 2024 · Rupee Breaching 85 Has Traders Watch for RBI’s Line in Sand. Currency’s volatility may rise on stronger dollar after Fed; Analysts expect RBI will continue to intervene in forex market
Rupee slips to record low pressured by decline in Asian peers
Oct 14, 2024 · The Indian rupee slipped to an all-time low on Monday, weighed down by a fall in most Asian peers and strong dollar demand from foreign banks.