It is the country’s sixth attempt at a new currency since the spectacular 2009 collapse of the Zimbabwe dollar and adoption of the U.S. dollar as legal tender amid hyperinflation of 5 billion percent, ...
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India has once again emerged as the world’s largest recipient of remittances, with a record-breaking $129 billion flowing into the country in 2024, according to World Bank data. This significant ...
The Indian rupee has recently hit an all-time low of 85.09 against the US dollar on December 19, and dipped further to 85.10 on December 20. This depreciation is expected to affect Indian students ...
The Indian rupee depreciated beyond 85 against the dollar—the lowest in terms of the dollar in recent times. This is despite the Reserve Bank of India’s intervention to support the rupee. It is ...
“Traders may take cues from core PCE price index, personal spending and revised consumer sentiment data from the U.S. USD-INR spot price is expected to trade in a range of 84.80 to 85.15,” he sai ...
The Indian rupee falls vis-a-vis the US dollar due to the hawkish tilt from the US Fed which sent traders heavily dialling back in easing expectations next year and, in turn, sparked a broad dollar ...
USD-INR spot price is expected to trade in a range of 84.80 to 85.15," he said. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading ...
"Traders may take cues from final GDP, weekly unemployment claims, and existing home sales data from the US. USD-INR spot price is expected to trade in a range of 84.9 to 85.25," he said. Meanwhile, ...
The Indian rupee depreciated beyond the psychologically crucial mark of 85 a dollar right at open on Thursday, as the dollar index rose to over two-year high after the US Federal Reserve indicated ...
"Traders may take cues from final GDP, weekly unemployment claims, and existing home sales data from the US. USD-INR spot price is expected to trade in a range of 84.9 to 85.25," he said. Meanwhile, ...
The Indian rupee dropped 12 paise to a record low of 85.06 against the US dollar in early trade on Thursday. The decline comes in the wake of a hawkish stance from the US Federal Reserve ...