Fitch Solutions anticipated that the current cycle of rupee devaluation has not yet ended and that rupee will continue to lose its value against the US dollar, considering the high demand for foreign currency to pay for imports and repay colossal foreign debt.
New Delhi [India], July 15 (ANI): The rupee has witnessed a consistent depreciation against the US dollar with multiple all-time lows in 2022, and is now only a whisker away from touching the 80 mark. The value of rupee depreciated by around 6 per cent this year.
Hyderabad (Telangana) [India], Sept 15 (ANI): Bharatiya Janata Party (BJP) president Amit Shah on Saturday said that the central government is concerned about rising prices of petrol and diesel, and decline in the value of rupee against United States dollar. He shared that the government wil
Bhubaneswar (Odisha) [India], Sep 01 (ANI): Rise in crude oil price in the international market and devaluation of the Indian rupee against the US Dollar, are two factors responsible for hike in fuel prices in the country, claimed Union Minister for Petroleum and Natural Gas Dharmendra Pradh