MUMBAI (Reuters) – The Indian rupee declined to its ... Foreign investors have net pulled out over $4 billion from local stocks and bonds in November so far, compounding the pressure on the local ...
MUMBAI (Reuters) – Foreigners that sold Indian government bonds in November may not be in hurry to return as pressure on the local currency is expected to continue and as interest rate cuts seem to be ...
The Indian rupee is likely to hover near its all-time low on Friday as concerns about portfolio outflows override the ...
Likely intervention by the Reserve Bank of India helped the currency limit its losses, with traders citing strong dollar offers from state-run banks. Benchmark Indian equity indexes, the BSE ...
Assam: Over 1,700 students attend 'Rhino Goes to School' conservation programmes near Pobitora Sanctuary ...
Chief Economic Advisor V Anantha Nageswaran on Thursday (November 22, 2024) advised India Inc not to seek protective cover of weak currency as ... He pointed out that China's exchange rate policy ...
A weak currency can be good for exporters, making their products relatively less expensive for buyers abroad. (Image/Express Photo) Indian companies should not seek protective cover of weak ...
Additionally, the Reserve Bank of India (RBI) has built a healthy foreign exchange reserve of over USD 675 billion, which it is likely to use strategically to stabilize the domestic currency.
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Changes in foreign currency assets are caused by the central bank's intervention in the forex market as well as the appreciation or depreciation of foreign assets held in the reserves. India Forex ...
Currency it would be when the Reserve Bank of India issues a digital currency, he had stated. Private digital currencies/virtual currencies/crypto currencies have gained popularity in the past one ...