The "Trump Tantrum," referring to the impact of Donald Trump's presidency on the Indian rupee, is likely to be a short-term phenomenon, says a report by State Bank of India.
The Indian rupee closed lower on Thursday hurt by a decline in most regional currencies and dollar demand from foreign banks but market gauges signal that the bearish bias on the rupee has dampened in ...
On Tuesday, the rupee fell 13 paise to 86.58 against the US dollar. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.07 ...
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MUMBAI (Reuters) - The Indian rupee and its Asian peers will be influenced by developments surrounding U.S. President-elect Donald Trump's inauguration on Monday, with traders keenly focussing on ...
He emphasises that this isn’t a crisis, saying, “The rupee will keep depreciating against the dollar for the simple fact that inflation in the US is usually lower than inflation in India.” He also ...
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The Reserve Bank of India has implemented new rules to facilitate the use of the rupee in international trade and investment. These regulations allow overseas branches of authorised banks to open ...
The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.
The Reserve Bank of India on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a time when ...
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 Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a ...