The rupee depreciated 4 paise to 79.96 against the US dollar in opening trade on Wednesday amid demand for dollar from oil importers and firm crude oil prices
Despite the Sangh Parivar's belief that a strong rupee is good, the govt has seen the wisdom of letting it depreciate gradually
The rupee on Tuesday weakened past 80 per dollar for the first time but went on to recover lost ground
Why's the depreciating rupee against USD not a bad news? What challenges await Ashish Chauhan at NSE? Are fertiliser stocks a good bet as monsoon sets in? What is Movius app? All answers here
Exchange rate of the rupee fell to Rs 79 per US dollar this week. Rupee also strengthened against G10 currencies like euro, yen and pound sterling. Find out the virtues and vices of depreciating rupee
The correlation coefficient between the year-on-year (YoY) change in corporate sector revenue and the rupee exchange rate is minus 0.63 since 2003-04 (FY04)
Education consultants advise parents to prepare for at least 2% annual increase in costs for children abroad
The rupee has depreciated 7.01 per cent against the dollar this year
Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee
India's pharma sector exported drugs worth Rs 1.8 trillion in 2021-22, while APIs worth Rs 30,000 crore were imported
As the rupee touches 80 to the dollar, the extent of gains for Indian companies may differ basis their exposure to non-US regions and the performance of their currencies
As the rupee touches the 80-mark against the dollar, this depreciation is likely to prove expensive for corporate India
Reliance Industries, the Tata group, Bharti Airtel, Aditya Birla among conglomerates that took forward positions
RBI must keep an eye on its reserves as dollar strengthens
The Sri Lankan rupee has fallen over 66 per cent against the rupee in the last six months. It was trading at 2.7 per INR on January 19 and has fallen to 4.5 on July 19
With front-loaded rate hikes by the US Fed, the US dollar will remain relatively strong in the immediate term
While the impact on other currencies has been sharp with most of them depreciating, the rupee has done well, being somewhere in the middle
Textile industry players indicate that the weak rupee will help the industry, which is a net exporter, to the extent of 5-10 per cent rise in profit margins
The currency has been buffeted by nearly $30 billion of foreign outflows from the nation's equities so far this year -- a record sum
Crude oil prices jumped on Monday as US President Joe Biden's talks with West Asian countries failed to culminate in an agreement to increase output