The rupee depreciated 7 paise to close at 86.62 against the US dollar on Thursday, weighed down by a strong US dollar amid a hawkish tone of the US Federal Reserve. Forex traders said the rupee ...

India's limited local currency trade reduces risk of US tariffs amid BRICS de-dollarisation push, promoting rupee ...

A falling rupee may be perceived as a sign of a weak economy, and it’s no solace that all major currencies in the world have ...

The product was developed in collaboration with the Reserve Bank of India (RBI) and Yes Bank, which will act as the sponsor bank for CBDC issuance.

The Indian rupee depreciated 7 paise to close at 86.63 (provisional) against the US dollar on Thursday, weighed down by a strong US dollar amid a hawkish tone of the US Federal Reserve. Rupee ...

The Pakistani rupee (PKR) closed in red after a brief respite against the US Dollar (USD) today after opening trade at 280 in the interbank market. On a ...

The Indian currency depreciated by 4 paise on Thursday morning as the US Federal Reserve (Fed) continued to keep rates on ...

InterGlobe Aviation saw its foreign-exchange losses jump threefold to Rs 1,460 crore in the December quarter. Carmaker Maruti Suzuki also cited currency variations as a negative for margins.

The US Federal Reserve kept interest rates unchanged at 4.25 percent-4.5 percent in its latest policy decision.

On Wednesday, the rupee pared its initial losses and settled for the day on a positive note, higher by 2 paise to close at 86.55 against the US dollar.

The rupee's sudden slide is affecting Indian corporate earnings, prompting companies to hedge their currency exposures. This ...