The Indian rupee is likely to decline at open on Wednesday weighed by the currency's weakness in the non-deliverable forward ...
Indians diversifying investments with US stocks gain an advantage due to the strength of the dollar, as their value increases ...
Analysts predict euro-dollar parity by 2025 as EUR/USD drops to $1.0240, its lowest since November 2022. The U.S. Dollar Index (DXY) advanced on Friday, bolstered by stronger-than-expected ...
The RBI accepted Rs 1,054 crore worth of green bonds at the auction, against the notified amount of Rs 5,000 crore ...
Rupee opened weaker against US dollar on Wednesday. It weakened by 5 paise to open at 86.58 against the US Dollar.
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Investors will focus on Q3 reslts, alongside economic data which will help in determining the rate cut trajectory from US Federal Reserves.
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.
“As acceptability grows the INR could be increasingly used to settle international transactions between two jurisdictions a role being performed by the USD." These guidelines are part of the ...