Robust Indian foreign inflow boosts the INR, but higher crude oil prices and a stronger USD could cap its gains.
Ali Reza Iftekhar, managing director and CEO of Eastern Bank, told TBS, "There is a trade imbalance of $12-12.5 billion between our imports and exports with India. After the initiation of trade in ...
The trigger for this aggressive buying by FPIs was the 50 basis points rate cut by the Fed on 18th, which is regarded as a ...
The Indian rupee on Friday strengthened further against the US dollar to appreciate up to Rs 83.48 per dollar during the day, ...
Investments by non-resident Indians (NRIs) into the Indian real estate market has surged over the past 20 months, growing at ...
In the strongest weekly showing yet this year, the Indian rupee strengthened against the US dollar on Friday as the Federal Reserve's surprise interest rate cut by 50 basis points earlier in the week ...
Indian Rupee gains ... to the local currency’s upside. According to the Reserve Bank of India (RBI), the foreign exchange reserves have grown by USD 66 billion in 2024, reaching a total of USD 689.235 ...
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
Second, lower interest rates typically cause the currency ... markets. India has already experienced a surge in foreign ...
Asian currencies were mixed on the day, with the offshore Chinese yuan gaining nearly 0.2% while the Malaysian ringgit and ...
The rupee rose to its strongest level in over six weeks on Thursday after the Federal Reserve kicked off policy easing with a ...
The Indian rupee rose to its strongest level in over six weeks on Thursday after the Federal Reserve kicked off policy easing ...