If a spate of recent headlines in the media is to be believed, the rupee is in free fall. That is true when the rupee’s value vis-à-vis the dollar is the sole focus. While the rupee stood at 84 ...
This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...
The SBP has released the estimate of the Real Effective Exchange Rate (REER) Index of the rupee in December 2024. It stands at 103.7, as compared to 103.2 in November. The value in December is the ...
The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar, touching an all-time low of 85.81. The currency depreciated about 3% in 2024 ...
The rupee is still less volatile than many peer countries. The dollar has over-strengthened now and may reverse after Trump comes to power | Photo Credit: StudioEasy Recent rupee depreciation has ...
The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...
To summarise this part, weakness in the rupee is due to technical reasons such as DXY strength and the weakening of Asian peer group currencies, but there is no major cause for concern.
MUMBAI, Jan 17 (Reuters) - The Indian rupee was marginally weaker on Friday as the impact of heightened dollar demand, spurred by the maturity of positions in the non-deliverable forwards market ...
MUMBAI, Jan 22 (Reuters) - The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers, following which it is expected to have to contend with ...
Mumbai: The rupee is expected to further weaken in the coming months as Trump’s presidency strengthens the dollar at least in the near-term, experts said, adding that the central bank's ...
Forex traders said the rupee has been under continued pressure amid the Federal Reserve's cautious stance on rate cuts and the "Trump factor" driving up the dollar index (DXY) and US 10-year bond ...
MUMBAI (Reuters) - The Indian rupee closed at its weakest closing level on record for the eighth consecutive session on Thursday, as a widened arbitrage between the non-deliverable and outright ...