In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar.
The Trump 2.0 administration will not favour the Chinese market and if you look at the global picture, where else can ...
The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and logged a ninth ...
The Indian central bank was likely selling dollars on Friday to limit the rupee's losses and prevent it from hitting a record ...
Gold discounts in India remained stable due to high prices deterring buyers, further exacerbated by the rupee's depreciation. In contrast, Chinese dealers raised premiums anticipating increased demand ...
The RBI has infused Rs 9.36 lakh crore through 14 VRR auctions, and additional liquidity worth Rs 1.16 lakh crore through a CRR cut.
One of them is a Gold Kahavanu. According to the auction house, Gold Kahavanu were more than monetary instruments and were ...
The Indian rupee is likely to weaken further against the U.S. dollar in 2025, MUFG Bank’s Michael Wan says in a research report. The rupee will likely be weighed down by factors including a spike in ...
Despite a drop in its global market share to 4.2% in December 2024, India’s stable macroeconomics have kept its equity market buoyant. .The Nifty50 recorded a 9% return for 2024, though its ...
The ongoing USD strength and worries about India's economic slowdown continue to undermine the INR.
Bajaj Auto is confident about future growth, driven by the electric two-wheeler market and strong exports. The LATAM region ...
The rupee depreciated 9 paise to close at 85.73 (provisional) against the US dollar on Thursday, as strong dollar demand from importers and foreign fund outflows dented investor sentiments. Forex trad ...