The continued fall of the Indian Rupee against the US Dollar is mainly driven by persistent capital outflows, with upcoming developments such as the Union Budget and news related to US tariffs emerging as key factors to watch, currency experts said as the Rupee slipped close to the 92 lev
The Indian rupee has continued to display pronounced weakness this financial year, slipping nearly 5 per cent against the US dollar and consistently trading above the 90-per-dollar mark in recent days.
The Indian rupee vis-a-vis the US dollar is currently trading in a tight range, under pressure from a mix of domestic strength and external challenges, including US tariffs and persistent capital outflows.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said that fiscal consolidation and strong coordination between monetary and fiscal policies have played a key role in helping India manage inflation while supporting economic growth during challenging times marked by tariffs and global unc
Policy autonomy and managing global capital outflows effectively will safeguard India's growth momentum says V. Anantha Nageswaran, Chief Economic Advisor to the Government of India.
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.