MUMBAI, Feb 11 (Reuters) - The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could deter heavy speculative positioning against ...

The rupee appreciated 5 paise to close at 86.55 (provisional) against the U.S. dollar on Monday (January 20, 2025), as an overnight decline in crude oil prices and the U.S. dollar index supported ...

Photo Credit: The rupee has seen marked volatility in intraday trading today, moving about 22 paise so far amid the possibility of US President Donald Trump imposing tariffs on China, the decline ...

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The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the ...

MUMBAI, Jan 21 (Reuters) - The Indian rupee shed much of its early gains to close largely unchanged on Tuesday as the U.S. dollar recovered after President Donald Trump said he was thinking about ...

An RBI committee submitted a report in 2023 recommending a roadmap to internationalize the rupee including inclusion in the International Monetary Fund’s Special Drawing Rights basket.

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(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. UBS Group AG is recommending to short ...

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 ...

At the interbank foreign exchange, the rupee opened at 86.46 and moved between high of 86.38 and low of 86.52 against the greenback during the session. The local unit settled at 86.47 (provisional) ...

The weakening rupee offers an edge to most Indian SaaS firms that bill clients in dollars, but it also brings challenges to some. SaaS (software-as-a-service) companies that build solutions in ...