The Indian rupee continued its strong downward trend as the rising US dollar and bond yields affected the country’s economy. The USD/INR exchange rate has risen for 11 straight weeks and is trading at ...
A surge in oil prices, continued outflows from foreign investors, and a rally in USD might cap the INR's upside.
"Forward-looking indicators such as new business and future activity suggested that the strong performance will likely ...
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its ...
The Indian rupee plunged to a record low of 86.62 against the US dollar, driven by a stronger American currency and surging ...