NRI Bank Deposits Surge 42.8% To $13.33 Billion In April-December 2024
RBI data shows NRI bank deposits surged 42.8% to $13.33 billion between April and December 2024, up from $9.33 billion in 2023.
Rupee Breaches 84-Mark Against US Dollar Amid Elevated Crude Prices
The rupee traded lower by 0.12, driven by a rising dollar index that climbed from $100.50 to $102.40. Experts noted ongoing tensions in the Middle East would likely keep oil prices high and weaken the rupee in the short term
Analysts Welcome US Fed Rate Cut As Global Economic Focus Shifts To India
Experts predict that the US rate cut will encourage central banks in other countries to consider similar actions
Indian Rupee Among World’s Most Stable Currencies: RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das says the Indian rupee is one of the world’s most stable currencies against the US dollar.
Indian Rupee Hit An All-Time Low Against US Dollar
The rupee and other Asian currencies are under pressure as the dollar index rises amid speculation that the Fed may cut rates later this year
Rupee Falls 3 Paise To Close At 83.45 Against US Dollar
Foreign institutional investors (FIIs) were net sellers in the capital markets on Tuesday as they offloaded shares worth Rs 1,622.69 crore, according to exchange data.
Rupee Turns Flat Against US Dollar In Early Trade
At the interbank foreign exchange, the domestic currency opened at 82.87 and inched up further to trade at Thursday's closing level of 82.85 against the greenback.
Rupee Falls 8 Paise Against US dollar
At the interbank foreign exchange, the rupee opened at 83 against the dollar and touched an intraday high of 82.98 and a low of 83.08.
Rupee Slides 4 Paise to 83.02 Against US Dollar in Early Trading
In early trade on Monday, the rupee saw a 4-paise depreciation against the US dollar, reaching 83.02.
Indian Rupee Reaches 82.89 Against US Dollar After A Rise Of 6 Paise
While everything was going on, the WPI increased by 0.73 percent year over year in December 2023 compared to 0.26 percent the month before, which was less than the 0.9% prediction.
