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rupee update

rupee depreciation: Will rupee hit 84? Further depreciation likely on cards amid dollar strength

Jason Junior Oct 21, 2022 0

The swift depreciation of the rupee against the dollar in the recent sessions saw it breach the psychologically-crucial 83-mark earlier this week. The rupee has fallen 0.4% against the…
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Business

rupee fall: RBI prepared to spend up to $100 billion more to defend rupee: Source

Jason Junior Jul 20, 2022 0

India's central bank is prepared to sell a sixth of its foreign exchange reserves to defend the rupee against a rapid depreciation after it plumbed record lows in recent weeks, a senior…
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Business

rupee fall: RBI looks to have boosted forwards intervention in rupee fight

Jason Junior Jun 23, 2022 0

India’s central bank appears to have ramped up intervention in the forwards market to slow the rupee’s decline and preserve its hard-earned reserves. The Reserve Bank of India has run…
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