The rupee closed at 86.5225 against the dollar, down 0.2% on the day, its biggest one-day percentage fall since Jan. 16.
RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.
The rupee depreciated 26 paise to close at 86.57 against the US dollar on Tuesday, as global risk sentiments were dampened amid tariff threats by the US President Donald Trump. Forex traders said the ...
The Reserve Bank of India (RBI) has spent $77 billion from its forex reserves to stabilize the Indian rupee. The intervention ...
The Indian rupee has been on the depreciation path in the last few months due to various factors such as widening trade ...
The local currency opened 15 paise down at 86.3550 against the US dollar, as against 86.2050 against the greenback at the ...
Global macroeconomic factors, domestic economic growth, FDIs, and monetary policy decisions will drive Indian currency this ...
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Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central ...
"Did you know that in 1947, ₹3.30 could buy you 1 U.S. dollar? Fast forward to 2025, and it takes approximately ₹86 to make ...
The rupee hit an all-time low against the US dollar, closing at 86.63. The drop is attributed to the strengthening US dollar, geopolitical tensions, and economic factors. Despite intervention by the ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.