Search For "currency depreciation"
"India's economy is on strong footing...": Piyush Goyal on depreciation of
Updated : 3 months, 1 week ago IST
Union Commerce and Industry Minister Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country has seen the lowest-ever inflation in the last few months and foreign exchange reserves continue to be strong.
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Rupee to strengthen once US trade deal concluded, says FICCI President
Updated : 3 months, 1 week ago IST
The Indian rupee's recent depreciation against the dollar is temporary and will reverse once India concludes a trade agreement with the United States, according to Anant Goenka, Vice Chairman of RPG Group and President of the Federation of Indian Chambers of Commerce and Industry (FICCI).
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Rupee hits new low as depreciation continues; experts say all eyes on Indi
Updated : 3 months, 1 week ago IST
The downside in the Indian rupee, which has been steadily depreciating over the past months, is unlikely to abate soon as it hit yet another record low on Monday.
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No major Rupee depreciation expected in short run; fundamentals largely su
Updated : 3 months, 2 weeks ago IST
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.
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Rupee at record low against USD; Experts say foreign outflows weigh heavy
Updated : 3 months, 3 weeks ago IST
The higher US interest rates and a cautious risk appetite among foreign investors are also resulting in continuous pressure on the Indian Rupee. Experts believed that the rupee's weakness is being reinforced by deteriorating trade fundamentals.
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Broader consumption may take another quarter to recover; Q2FY26 earnings o
Updated : 5 months ago IST
Broader consumption demand in India may take one more quarter to recover fully, even as some sequential improvement is expected in high-frequency economic indicators, according to a report by Axis Securities.
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Indian auto ancillaries are looking for new markets because of overhang of
Updated : 11 months, 3 weeks ago IST
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
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Indian stock markets end flat amid volatile session as investor sentimen
Updated : 1 year ago IST
Indian stock markets continue to follow the trends of previous session on Wednesday and ended flat in the volatile session, as investor's sentiment impacted by the concerns such as overvaluation, threats of tariff war, and currency depreciation.
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India in much better situation to manage current currency challenges: Bank
Updated : 1 year, 3 months ago IST
The Indian rupee is expected to remain under pressure in the near term, trading in a range of 84-84.5 per US dollar, according to a report by Bank of Baroda.
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Covid, Ukraine-Russia war, currency depreciation caused losses to aviation
Updated : 3 years, 2 months ago IST
Covid-19, currency depreciation, Ukraine - Russia War and increase in crude oil prices have primarily caused losses to the aviation industry in the country during last three years, said the Ministry of Civil Aviation on Thursday.
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India urges its nationals in Sri Lanka to exercise caution, examine curren
Updated : 3 years, 6 months ago IST
New Delhi [India], August 25 (ANI): At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation in the island nation car
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Pakistan's debt reaches new high, jumps to almost PKR 60 trillion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 16 (ANI): Due to huge currency depreciation and faulty policies of the Shehbaz Sharif-led Pakistan government, the country's debt jumps to a record high of Pakistani Rupee (PKR) 60 trillion.
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