Search For "currency"
"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 slide, FII outflows drag Indian equity indices into red
Updated : 3 months, 1 week ago IST
Indian equity indices ended Wednesday in negative territory, possibly due to the rupee's weakness against the US dollar, Foreign Institutional Investor (FII) outflows, and ongoing trade uncertainties.
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Rupee breaches 90-mark, but CEA says no alarm: "I am not losing my sleep o
Updated : 3 months, 1 week ago IST
India's Chief Economic Advisor V Anantha Nageswaran on Wednesday, downplayed concerns over the rupee weakening past 90 against the US dollar, asserting that the currency's movement remains within manageable limits and has not created macroeconomic stress.
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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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Uday Kotak urges Indian firms to step up as rupee crosses 90 and foreign i
Updated : 3 months, 1 week ago IST
As the rupee weakens toward Rs 90 per dollar, Uday Kotak has urged Indian businesses to break out of their comfort zone, warning that foreign investors appear to be calling the shots in current market dynamics.
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Taiwan's 1st stablecoin to launch in H2 2026 at earliest: FSC Chair
Updated : 3 months, 1 week ago IST
A Taiwan-issued stablecoin may enter the market in the latter half of 2026 at the earliest based on the current timeline for passing related legislation, Financial Supervisory Commission (FSC) Chairman Peng Jin-long said Wednesday, as Focus Taiwan reported.
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Rupee slides past 90 amid delayed India-US trade deal, continued FPI outfl
Updated : 3 months, 1 week ago IST
Indian rupee breached the 90 mark against USD on Wednesday morning, extending its depreciation run through sessions now, and in the process hitting a fresh all-time low for the Indian currency.
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Orient Exchange Introduces "Buy Back Guarantee" for Travellers -- Protecti
Updated : 3 months, 1 week ago IST
New Delhi [India], December 2: Orient Exchange, one of India's most trusted RBI-authorised foreign exchange providers, has launched a traveller-friendly Buy Back Guarantee offer, allowing customers to return unused foreign currency at the same rate they purchased it. This benefit shields tra
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RBI need to infuse Rs 2 trillion in FY26 to maintain comfortable liquidity
Updated : 3 months, 1 week ago IST
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
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Rupee touches fresh low, inches towards 90; gold, silver bull run continue
Updated : 3 months, 1 week ago IST
The Rupee's depreciation continued on Tuesday, with the Indian currency touching a fresh record low and inching steadily towards the 90 mark.
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Rupee hits new low as depreciation continues; experts say all eyes on Indi
Updated : 3 months, 2 weeks 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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India's forex reserves drop $4.5 billion, still hovers around record high
Updated : 3 months, 2 weeks ago IST
India's foreign exchange reserves declined by USD 4.472 billion in the week that ended November 21 to USD 688.104 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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