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Tag: Falling Rupee Value

These decisions will help India, which depends on imports for meeting 85% of its oil needs, to cut reliance on overseas shipments. The Union Cabinet on Wednesday approved a host of amendments to the National...
The venture capitalist (VC) firm, which invests across Southeast Asia and India, has already made investments with the new corpus in Singapore’s Sleek, Vietnam’s first digital bank Timo, Indonesia’s Desty and India’s direct-to-consumer electronics brand Atomberg,...

Rupee slips to fresh record low of 77.59 against US dollar ahead of CPI inflation and IIP data release

The Indian rupee hit a fresh low of 77.59 against the US dollar on Thursday after the US inflation data sparked a fresh tumble...

Rupee likely to depreciate on strong dollar, FII outflows; USDINR pair to trade in this range

The Indian Rupee is likely to depreciate on Thursday amid strong dollar, risk aversion in global markets. Persistent FII outflows are also expected to...

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