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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 Financial Times is understandably worried about the future of the Indian economy. Their latest report on the rupee’s decline and its implications for inflation also includes concerns about the ...

The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...

The Indian rupee's decline to a historic low of 86.59 against the US dollar on Monday has stirred concerns, but former Reserve Bank of India (RBI) Governor Raghuram Rajan has provided a measured ...

India’s new central bank governor, Sanjay Malhotra, appears ready to let the rupee move more freely against regional peers while still intervening to curb sharp volatility, according to a ...

The Indian rupee opened stronger on Wednesday (January 15), gaining 15 paise to trade at 86.49 against the US dollar. This recovery follows Tuesday’s (January 14's) close at 86.64 and comes after the ...

The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend ...

The rupee rebounded from its lowest-ever level and settled 8 paise higher at 86.62 (provisional) against the US dollar on Tuesday as the American currency retreated from record high. Some recovery in ...

The rupee fell past 86 on Monday on a strong dollar after better-than-expected US jobs data led to an expectation that the Federal Reserve will go for lesser interest rate cuts in this year. Higher ...

This discovery has sparked widespread attention, as experts estimate the gold's value to be around 600 billion Pakistani rupees. If verified, this finding could bring significant economic benefits ...

New Delhi: The value of the Indian rupee has experienced a steady decline over the past 40 years, averaging an annual depreciation of approximately 3.5 percent. This downward trend commenced following ...