Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
The Indian rupee weakened on Thursday as dollar demand from importers, including oil companies, outweighed the impact of a ...
The Indian rupee weakened to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in ...
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Q: What is the Dollar worth against the Rupee? A: One Dollar is worth 86.3618 Rupees today Q: Is the Dollar going up or down against the Rupee? A: Today's exchange rate (86.3618) is lower compared ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
The local unit settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from ...
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
The rupee depreciated 21 paise to close at 86.61 against the US dollar on Thursday, dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. However, ...
The strong dollar, rise in crude oil prices and selling by foreign investors in the equity market are the major reasons for ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.