The Indian rupee strengthened on Wednesday, tracking gains in most of its regional peers, while dollar-rupee forward premiums ...
The local currency opened at 86.5650 against the US dollar, and by 9:30 AM it traded at 86.5938 against the US dollar, as compared to 86.5863 at close on the previous trading session against the ...
MUMBAI: The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers, ...
The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers, following which ...
In such a scenario, the demand for Indian rupees will plummet. After all, if the Americans can’t buy Indian goods, why would they go to the currency market to buy Indian rupees? End result: rupee will ...
SBI's ERD predicts RBI to introduce longer-term currency swaps, replace WACR with SORR, and manage liquidity challenges ...
The Reserve Bank of India used dollar-rupee swaps to inject $3 billion worth of rupee liquidity to ease a financial squeeze.
What had happened then was that the reversal of policy stance led to a flight of funds from the emerging market economies and ...
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We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have ...
Given these concerns, UBS has revised its outlook for India, advising investors to buy bearish rupee options, pricing in a further 2.6% depreciation of the Indian currency this year. The bank also ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...