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By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee is expected to open stronger on Thursday, as markets perceived the U.S. Federal Reserve to be a bit dovish, with investors … Read More
The Indian rupee ended the final week of a turbulent year in the green on Friday, as the dollar index declined, while hopes that the country’s current account deficit had … Read More
King Dollar is facing a revolt. Tired of a too-strong and newly weaponized greenback, some of the world’s biggest economies are exploring ways to circumvent the US currency. Smaller nations, … Read More
The Reserve Bank of India’s (RBI’s) foreign exchange reserves rose by $2.9 billion to $564.07 billion in the week ended December 9. This is the fifth consecutive week of an … Read More
India’s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions, is attracting interest from more countries. Tajikistan, Cuba, Luxembourg and … Read More
Pharmaceutical exports from India registered a growth of 4.22 per cent to reach USD 14.57 billion during the April-October period despite a negative trend last month, according to a senior … Read More
With billions of dollars of investments made by the Indian companies and favourable government policies in place, India wil become a net energy exporter by 2050, founder chairman of the … Read More
By Rae Wee SINGAPORE (Reuters) – The dollar regained its footing on Thursday ahead of key U.S. inflation data due later in the day, while cryptocurrencies were fragile after a … Read More
A strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve ultimately raises interest rates, economists surveyed by Bloomberg said. … Read More
The Reserve Bank of India’s (RBI’s) foreign exchange reserves declined $3.8 billion to $524.52 billion in the week ended October 21, the latest data showed. The current level of reserves … Read More
