MUMBAI (Reuters) - India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off near 11-month lows, data from the central bank showed on ...
MUMBAI, (Reuters)- The Indian rupee has fallen to a record low. January 13 marked its biggest single-day decline in nearly two years. The rupee slid to 86.5825 before closing at 86.5750 ...
The rupee depreciated nine paise to close at 86.64 (provisional) against the US dollar on Thursday, weighed down by a strong US dollar amid a hawkish tone of the US Federal Reserve. Forex traders said ...
FISCAL DISCIPLINE: With advance data signaling that India's economic growth hit a four-year low for the financial year ending this March, the pressure is on for policymakers to buoy confidence. But ...