The Reserve Bank of India (RBI) intervenes on both sides of the forex market to curb undue volatility in the rupee. The rupee had risen 0.5% and logged its biggest weekly rise in more than a year ...
The Financial Times is understandably worried about the future of the Indian economy. Their latest report on the rupee’s decline and its implications for inflation also includes concerns about the ...
The rupee may decline to 88.70 per dollar by the year-end, according to Australia and New Zealand Banking Group Ltd. Emkay Global Financial Services Ltd. is forecasting a fall to 89.50 by December.
On Monday, the Indian rupee recorded its sharpest single-day fall in two years, closing at ₹86.50 and hitting an intraday low of ₹86.58 against the US dollar. The rupee's drop was notably larger than ...
(Reuters) A weak rupee drives up operational costs, including aircraft leases, maintenance, and fuel, all of which are predominantly paid in US dollars. For Air India, a subsidiary of the Tata ...
The recent actions taken by the Reserve Bank of India (RBI) to defend Indian rupee from falling sharply and injecting durable liquidity to the banking system are steps in the right direction ...
The Indian rupee experienced a significant drop, reaching a new low of Rs 87.17 against the US dollar on February 3, 2025. This historic decline marked the first instance of the currency breaching ...
Air India is an IATA member. Taking a broader view, Aggarwal also pointed out that the rupee has been depreciating around 2-3 per cent every year for the last many years, and not just the airline ...
A customer hands Indian Rupee (INR) notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. (Photo: Reuters) In the wake of US President Donald Trump’s trade war on the world, the ...
Monthly fluctuation during the last 30 days as follows for INR to PKR: High PKR 3.28 and Low PKR 3.21 in value, where buying was PKR 3.14 and Selling 3.23 Indian Rupee to Pakistani Rupee Today: India ...