Trump imposed a 10% duty on Chinese exports to the U.S, and 25% tariffs on Canada and Mexico, two of its top trading partners ...
To this end, trade-exposed Asian currencies were the worst performers on Monday, with the Singapore dollar’s USD/SGD pair ...
Late Wednesday, US President Donald Trump's administration plans to rescind a climate rule adopted by the administration of former President Joe Biden requiring states to measure and set declining ...
Investing.com – Most Asian currencies saw little movement on Thursday as investors digested a slightly hawkish U.S. Federal ...
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The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.
"To start with, this will benefit non-resident Indians and gradually expand to the ecosystem of invoicing Indian exports and imports in INR," said Srinivas Varadarajan, managing director & head of ...
The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...
The Indian currency (INR) closed at 86.55 per dollar (USD) against the previous close of 86.3625. The rupee had rebounded on Wednesday, logging its biggest single day gain (of 27 paise ...
Neuron Energy, a manufacturer of batteries for electric vehicles, has launched a lithium-ion battery plant in Chakan, India, with an annual capacity of 1.5 GWh ... INR 250 million ($2.9 million ...
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates. The 1 ...