Oil companies' dollar bids push rupee lower even as US yields retreat
The Indian rupee weakened on Thursday as dollar demand from importers, including oil companies, outweighed the impact of a pullback in U.S. bond yields after lower-than-expected inflation renewed ...
Rupee may not build on recovery despite renewed Fed rate-cut hopes
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
Rupee rebounds to post best day in over 7 months; US inflation data in focus
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation ...
Impossible Trinity Is Pushing RBI Toward Relaxing Rupee Grip
The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...
Plummeting rupee could delay RBI's rate cut plans this Februaray
Analysts have revised expectations for Indian rate cuts due to the rupee's decline and inflation fears. With the currency ...
Rupee to inch up on dollar pullback before US inflation data
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation ...
Closing Bell: Nifty above 23,150, Sensex up 170 pts; auto, metals shine, IT, FMCG drag
Adani Enterprises, Adani Ports, NTPC, Hindalco and Shriram Finance were among the major gainers on the Nifty, while losers ...
Depreciation pressure on South Asian currencies including rupee expected to ease, notes UN WESP report
Most South Asian currenciesincluding the Indian rupee and the Bangladesh taka depreciated against the United States dollar between January and November 2024, the United Nations World Economic ...
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Digital Rupee (e₹) – RBI FAQs
e₹ is a digital form of ₹ whereas UPI is a means of payment. In addition to being used for payments, e₹ also serves as a ...