TCS and Infosys, which are both debt-free, will benefit from the weakening of the rupee because most of their revenue is in US dollars, says Moody’s.
The local currency opened at 86.5650 against the US dollar, and by 9:30 AM it traded at 86.5938 against the US dollar, as ...
Moody's Ratings on Thursday said the Indian rupee has depreciated by around 5 per cent in the last two years and has fallen ...
The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers, following which ...
The Indian rupee strengthened on Wednesday, tracking gains in most of its regional peers, while dollar-rupee forward premiums ...
The rupee is up about 0.2% this week so far, headed for its best performance since mid-September. The local currency managed a mini rally to near 86.30 twice this week, which it found difficult to ...
MUMBAI: The Indian rupee is poised to open higher on Tuesday amid swings in the U.S. dollar, spurred largely by ...
Indian stocks have lost almost $500 billion in market value in the past month, with MSCI Inc.’s index for the nation marking ...
A handful of them are now facing margin calls and losses due to the currency's sharp decline, according to three bankers.
Rupee strengthens against the dollar on positive domestic equities, upcoming budget, and weakening dollar trend.
Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank governor Raghuram Rajan ...
The Indian rupee is poised to open higher on Tuesday amid swings in the U.S. dollar, spurred largely by the news flow and ...