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declining crude oil prices have emerged as a rare positive for the rupee. Brent crude futures dropped by 0.62% to $72.43 per barrel, alleviating pressure on India’s import bill. As one of the ...
MUMBAI, April 8 (Reuters) - Indian importers locked in foreign exchange hedges with banks at a record pace last month, capitalizing on a rally in the rupee. A few of these banks are now facing ...
The Indian rupee closed weaker on Wednesday, although dollar sales by foreign banks capped its losses as markets await the ...
Mumbai, The rupee lost further ground on the fourth straight session, declining sharply by 30 paise to 86.56 against the US dollar in early trade on Wednesday ahead of the Reserve Bank's monetary ...
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At the interbank foreign exchange, the domestic unit opened at 81.45 against the dollar, then touched 81.30, registering a gain of 37 paise over its previous close. On Monday, the rupee plunged 58 ...
MUMBAI (Reuters) - Indian importers locked in foreign exchange hedges with banks at a record pace last month, capitalizing on a rally in the rupee. A few of these banks are now facing margin calls due ...
The rupee lost further ground on the fourth straight session, declining sharply by 30 paise to 86.56 against the U.S. dollar in early trade on Wednesday (April 9, 2025) ahead of the Reserve Bank's ...