The Indian rupee is poised for further depreciation, with Barclays’ Mitul Kotecha projecting the dollar-rupee exchange rate to reach 87 by the end of the year. Speaking to CNBC-TV18, Kotecha noted ...
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its ...
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Rupee hits record low against US dollar amid FPI outflows and market concerns, with further depreciation anticipated.
News of two cases of the Chinese-origin human metapneumovirus being detected early Monday in India added a new negative to ...
Indian equity markets fell over 1.5% on Monday, driven by global cues, a weak rupee, and fears over the HMPV outbreak.
On the 30-share Sensex platform, Titan, HCL Tech, and Sun Pharma emerged as the only gainers for the day. On the other hand, ...
Benchmark equity indices Sensex and Nifty witnessed a sharp decline of 1.6% on Monday, driven by a broad-based selloff.
Dollar demand from foreign banks, likely on behalf of custodial clients, also weighed on the currency during the session ...
The Indian rupee declined 4 paise to settle at a fresh record low of 85.83 (provisional) against the US dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign ...
The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian ...
During the session, the Nifty 50 declined 1.89% to the day's low of 23,551. The Sensex fell 1.82% to the day's low of 77,782.