Search For "currency"
Afghanistan food prices soar despite falling dollar, straining import-depe
Updated : 1 month ago IST
Afghanistan is seeing sharp rises in food prices despite a weaker US dollar, with flour, rice and cooking oil becoming costlier. Shopkeepers and residents say purchasing power has dropped, while authorities cite monetary policies as households struggle amid import and transit challenges.
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Despite short-term relief after US-India trade deal, rupee to depreciate t
Updated : 1 month, 1 week ago IST
Indian rupee is expected to depreciate by around 2 per cent to the 92 level against the US dollar by the end of 2026, despite the short -term relief rally following the announcement of the US-India trade deal on January 3, according to a report by UBS.
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RBI to keep repo rate unchanged amid currency volatility and bond yield pr
Updated : 1 month, 1 week ago IST
The Monetary Policy Committee (MPC) of the Reserve Bank of India is likely to maintain a status quo on the repo rate in its policy announcement scheduled for Friday, amid continued global economic uncertainty, pressure on government bond yields and volatility in the domestic currency, accord
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Budget focuses on manufacturing to support currency stability, exports and
Updated : 1 month, 1 week ago IST
"Manufacturing matters for currency strength, for lower cost of capital, and also in today's world, manufacturing has taken on a strategic dimension," Nageswaran said while addressing the PHD Chamber of Commerce and Industry's (PHDCCI) post-Budget session.
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Large fall in US dollar could trigger global recession shock: Report
Updated : 1 month, 1 week ago IST
A sharp and sustained fall in the US dollar against other major currencies could turn into a recessionary shock for the global economy outside the United States, according to an analysis highlighted in a report by BofA Securities.
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How International Payment Gateways Help Businesses Scale Globally?
Updated : 1 month, 1 week ago IST
New Delhi [India], February 3: Global or international payment gateways help businesses accept payments from customers shopping overseas. These gateways accept payments in different currencies, convert them into the business's native currency at a predetermined exchange rate, and transfer th
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Boosting manufacturing key to rupee strength, lower cost of capital: CEA N
Updated : 1 month, 1 week ago IST
India's Chief Economic Adviser V. Anantha Nageswaran on Tuesday said that boosting the manufacturing sector is crucial for strengthening the rupee over the medium term and for bringing down the cost of capital in a meaningful manner. He noted that countries with strong and stable currencies
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GoSats Integrates with Flipkart SuperCoins to Enable Asset-linked Rewards
Updated : 1 month, 1 week ago IST
New Delhi [India], January 31: GoSats, an asset-based rewards company, today announced a comprehensive integration with Flipkart SuperCoins. This strategic integration extends Flipkart's loyalty currency into asset-linked and high-utility use cases, allowing users to utilise SuperCoins for B
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India's forex reserves hit record high of $709.4 billion
Updated : 1 month, 1 week ago IST
India's foreign exchange reserves reached a new all-time high in the week ended January 23, according to the Reserve Bank of India's latest data.
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Rupee fall is because of capital outflows, budget and US tariff will be ke
Updated : 1 month, 1 week ago IST
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
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Strengthening manufacturing capacity essential for achieving long-term cur
Updated : 1 month, 2 weeks ago IST
During the presentation on the Economic Survey, CEA outlined a clear pathway to currency strength: robust growth in manufacturing exports leads to improved current account positions, which in turn supports the build-up of foreign exchange reserves and enables a gradual strengthening of cu
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"We're trying to strengthen our currency": BJP MLA Sudhir Mungantiwar as R
Updated : 1 month, 2 weeks ago IST
Bharatiya Janata Party (BJP) leader Sudhir Mungantiwar on Tuesday addressed concerns over the value of the Indian rupee, asserting that the goal is to keep the country in the top two in the world by the end of the centenary celebration.
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