Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a ...
The Indian rupee hit a new low on December 27, falling 0.6% to 85.7437 per dollar. The Sensex and Nifty 50 gained, driven by ...
The currency, however, made a sharp recovery to close at a record low of 85.54, down 28 paise compared to Thursday’s close of ...
In 1991, to bolster India's dwindling foreign exchange reserves, Singh as finance minister helped to devalue the Indian ...
Indian Rupee hits record low at 85.81 per dollar, driven by RBI actions, market activity, and speculation, experts say.
The reserves have been declining likely due to RBI intervention aimed at aggressively preventing a sharp depreciation of the ...
Manmohan Singh quietly donated gains from devalued rupee to PM National Relief Fund, showcasing his integrity and humility.
A Prasanna, head of research at ICICI Securities Primary Dealership, suggested the rupee should be allowed to move in line ...
India's foreign exchange (forex) reserves have witnessed a steep fall, hitting a low not seen in over seven months. According ...