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The dollar index hit an over three-year low of 98.2 as investor confidence in the US economy took another hit over President ...
This shift in sentiment is also visible in the falling cost of hedging against rupee depreciation. The 1-month dollar-rupee forward premium has dropped to a year-to-date low of 15.50 paisa ...
It is a legal tender, has the same value as paper currency, and is exchangeable at par (1:1) with traditional rupee notes. What makes it unique is that it represents a direct claim on the central bank ...
While many parts of the country are seeing a decline in footfalls, the surge in gold prices due to global uncertainties has created a strong investment opportunity for buyers in Mumbai. With the ...
MUMBAI: The Indian rupee swung sharply before ending lower on Tuesday as the possibility of rising tensions between India and ...
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Rupee strengthens against U.S. dollar on foreign fund inflows, easing crude oil prices, and bullish equities; forex reserves ...
At the interbank foreign exchange, the domestic unit opened at 85.17 and moved between the intra-day high of 85.08 and the ...