Why Is the Indian Rupee Becoming Weak Against the US Dollar?
Why Is It In News ?
The Indian Rupee recently fell beyond ₹96 per US Dollar, showing strong pressure...
Currencies
Indonesia and India intervene to support weakening currencies as oil prices surge
Two of Asia’s largest emerging economies are burning through central bank firepower to keep their currencies from sliding further. Indonesia...
Orbital launches new currency corridors via Banking Circle tie-up
By Parth Prabhudesai Orbital has partnered with Banking Circle to expand its multi-currency payment infrastructure, adding...
Japan spent $73 billion in yen-buying intervention, ministry data shows
By Kevin Buckland TOKYO, May 29 (Reuters) - Japanese authorities spent 11.7 trillion yen ($73.5 billion) intervening in foreign exchange...
Indian central bank likely intervened to shore up rupee, traders say
MUMBAI, May 29 (Reuters) - The Reserve Bank of India likely intervened in the foreign exchange market to shore up...
Indian firms face tougher investor scrutiny as rupee hits record lows
(May 29): The rupee’s relentless slide is prompting tougher scrutiny of Indian companies as investors and analysts press executives on...
Trump’s face on new $250 bill? White House pushes for historic currency redesign
The White House is pushing for President Donald Trump's face to be featured on a newly designed $250 bill. If...
Companies face tougher investor scrutiny as rupee hits record lows | Economy & Policy News
By Ashutosh Joshi and Subhadip Sircar
The rupee’s relentless slide is prompting tougher scrutiny of Indian companies...
India’s RBI plans expansion of digital rupee through welfare schemes, cross border payments
By Ashwin Manikandan MUMBAI, May 29 (Reuters) - The Reserve Bank of India is planning to expand the digital rupee...
India’s forex reserves fall to over one-year low as central bank mounts rupee defence
MUMBAI, May 29 (Reuters) - India's foreign exchange reserves fell to a more than one-year low of $681.4 billion in...
