India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as ...
The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian ...
The Indian rupee is expected to trade with a bearish bias this week after slumping to a record low on Friday, with traders ...
The rupee reached a record low of 85.77 against the dollar, driven by a weaker Chinese yuan and a stronger dollar. India's ...
Gold discounts in India remained steady this week as elevated prices kept buyers away, while Chinese dealers charged higher ...
The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and logged a ninth ...
Meanwhile, dollar-rupee forward premiums retreated, with the 1-year implied yield down 4 bps at 2.50% after touching their ...
India's NRI deposits hit 10-year high in October 2024, driven by interest rate differentials and stable economy.
The Indian rupee (INR) fell for a seventh straight year in 2024, largely due to headwinds in the last quarter, including ...
The reserves declined by $4.1 billion in the reported week, after falling by a cumulative $13.7 billion in the prior three weeks ...
In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar.
RBI economists found that depreciation in the rupee’s real effective exchange rate (Reer) has historically improved India’s ...