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The rupee opened sharply higher by 37 paise at 94.30 against the US dollar on Thursday, 25 June, supported by a steep decline in crude oil prices, which have now fallen below levels seen before the ...
A raft of ​measures aimed at supporting the currency ⁠battered by the impact of the months-long Iran war had boosted the rupee to its best day in two months on ‌Friday. However, rising crude and ...
India went through great trouble to internationally adopt the official rupee symbol – ₹. One would imagine that a publication of Scroll’s standing would be able to use it correctly. It is not even a ...
[Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] India's rupee is facing its most severe test in recent memory, ...
The graph of the Indian rupee has been snaking sharply downward. The rupee-to-dollar exchange rate, or the rupees needed to purchase a U.S. dollar, crossed 96 in May this year. That rate was around 85 ...
Continuous days of sustained losses has seen the rupee close at almost ₹97 to the dollar, with no indication that the slide has been arrested. Rising oil prices and the threat of external inflation ...
Economist Arvind Panagariya has urged the Reserve Bank of India not to allow the “psychology” surrounding the rupee breaching the 100-per-dollar mark to dictate its policy response, arguing that ...
India’s rupee has fallen to its weakest level against a basket of currencies in nearly 12 years. Still, the sharp depreciation may offer little relief to exporters and could instead widen the trade ...
Dh1 now fetches Rs26.29 as oil prices as global tensions further weigh on Indian currency People holding US dollar and Indian rupee currency notes pose for a photograph at a foreign exchange office in ...