Indian Rupee today: The domestic currency opened 10 paise higher at 87.25 against the dollar on Tuesday, according to Bloomberg
The rupee's real effective exchange rate fell to 100.36 in June from 101.12 in May, signalling a weaker currency against a basket of 40 trading partner currencies after adjusting for inflation
India Rupee today: The domestic currency closed 11 paise lower at 87.55 against the greenback on Thursday
Indian Rupee today: The domestic currency opened 2 paise lower at 87.46 against the greenback on Thursday
Indian Rupee today: The domestic currency rose 28 paise, or 0.32 per cent, to close at 87.43 against the dollar on Wednesday
Indian Rupee today: The domestic currency opened 6 paise stronger at 87.65 against the dollar on Wednesday
The Reserve Bank of India (RBI) on Tuesday said non-residents maintaining special rupee vostro accounts (SRVA) can invest surplus balances in central government securities (G-secs). "Persons resident outside India that maintain a SRVA for international trade settlement in Indian Rupees -- may invest their rupee surplus balance in the aforesaid account in central government securities (including Treasury Bills)," the central bank said in a notification. In a communication to all authorised dealer category-I banks, it said the directions take effect immediately and asked the banks to communicate the same to their clients. The RBI said operational instructions in this regard have been incorporated in the 'Master Direction' on the subject. The SRVA accounts are usually opened by foreign entities with an Indian bank to help settle international trade transactions in rupee. The notification comes days after the RBI simplified the process to open the SRVAs in an effort to boost rupee ...
Indian Rupee today: The domestic currency opened 2 paise weaker at 87.68 against the dollar on Tuesday
Higher tariffs threaten India's export earnings, curbing forex inflows and thus boosting dollar demand in the local market
Indian Rupee today: The domestic currency closed flat at 87.66 against the dollar on Monday after opening 16 paise higher
Indian Rupee today: The domestic currency opened 16 paise higher at 87.50 against the dollar, according to Bloomberg
Indian Rupee today: The domestic currency closed 4 paise higher at 87.66 against the dollar on Friday, according to Bloomberg
Indian Rupee outlook: Analysts suggest that the local unit might largely stay range-bound between 86.50 to 88.50 levels
Indian Rupee today: The domestic currency opened 15 paise higher at 87.55 against the dollar on Friday, according to Bloomberg
Indian Rupee today: The domestic currency ended 3 paise higher at 87.70 against the dollar on Thursday, according to Bloomberg
Trump Tariff Impact: The US has imposed a 25 per cent penalty via executive order, which takes the total tariff burden to 50 per cent on select Indian goods.
Indian rupee today: The domestic currency opened 5 paise higher at 87.68 against the dollar on Thursday
The Governor further said that while crude oil is a key driver of inflation, stopping Russian oil purchases may not significantly impact inflation at this stage
Indian Rupee today: The domestic currency closed 7 paise higher at 87.73 against the dollar on Wednesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 7 paise higher at 87.73 against the dollar on Wednesday, according to Bloomberg