Rupee
- India
Forex reserves drops to USD 561 billion
Mumbai: India’s foreign exchange reserves dropped USD 325 million to USD 560.942 billion as of February 24, according to the Reserve Bank of India’s latest data. In the previous reporting week, the…
- Stock Market
Rupee gains 12 paise against US dollar on rally in equities
New Delhi: The rupee appreciated 12 paise to close at 82.08 against the US currency on Friday, supported by a rebound in domestic equities and easing crude oil prices. However, corporate dollar…
- Pakistan
Pakistani rupee plunges to historic low
Karachi: The Pakistani rupee resumed its downwards slide on Thursday after two modest sessions as the “optimism surrounding the government and IMF talks scaled back”, local media reported. The Pakistani rupee depreciated…
- Pakistan
Pakistan’s fate at stake as rupee plunges: Report
Islamabad: Pakistani’s economy has reached rock bottom as the rupee plummeted to 250 against the US dollar and the value of currency depreciated, marking the worst economic crisis since the nation formed,…
- Pakistan
Pakistan rupee reaches all-time low after devaluation
Karachi: Following the rupee’s devaluation in the open and interbank markets, the benchmark index of the Pakistan Stock Exchange (PSX) rallied and gained by more than 1,000 points, as per media reports.…
- India
Govt, RBI in discussion with South Asian countries for cross-border rupee trade: Das
New Delhi: RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central…
- Business
Rupee falls 20 paise to close at 82.85 against US dollar
Mumbai: The rupee declined 20 paise to close at 82.85 (provisional) against the US dollar on Tuesday, pressured by month-end dollar demand from importers and foreign capital outflows. At the interbank foreign exchange…
- Business
Finance Minister crosses swords with Telangana Congress MP over rupee fall
New Delhi: A bitter war of words ensued between Finance Minister Nirmala Sitharaman and Congress member A Revanth Reddy in the Lok Sabha on Monday over rupee depreciation and the overall state…
- Pakistan
Pakistan in financial emergency
Islamabad: The consistent depreciation of the Pakistani rupee is deepening the economic crisis in the country, said the Pakistan Business Forum (PBF). In a statement, PBF CEO Ahmad Jawad said: “Pakistan’s economy…
- India
Rupee falls 7 paise to close at 81.33 against US dollar on firm crude oil prices
Mumbai: The rupee pared its initial gains to settle down by 7 paise at 81.33 against the US dollar on Friday as the support from weak dollar was negated by weak domestic…
- Middle East
India, UAE in talks for Rupee-Dirham denominated bilateral trade
New Delhi: India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade, said Sunjay Sudhir, Indian Ambassador to UAE, adding that both the countries will find it beneficial. The Ambassador said…
- Business
Rupee falls 26 paise to 81.93 against USD on forex outflows
Mumbai: The rupee depreciated 26 paise to close at 81.93 against the US currency on Wednesday due to dollar buying by banks on behalf of importers and rising crude oil prices in…
- India
Rupee falls 5 paise to close at 81.79 against US dollar
Mumbai: The rupee depreciated by 5 paise to close at 81.79 against the US dollar on Monday, tracking the strength of the American currency in the overseas markets and a muted trend…
- Business
Rupee gains 37 paise to close at 80.91 against US dollar
Mumbai: The rupee appreciated by 37 paise to close at 80.91 against the US dollar on Tuesday, on encouraging inflation data and weak American currency. Forex traders said a firm trend in…
- Business
Rupee strengthens slightly, stocks steady as inflation moderates
New Delhi: Indian stocks traded largely steady with positive bias on Tuesday morning as data showed retail and wholesale inflation in the country somewhat moderated last month. Retail inflation moderated to a…
