Mumbai: The govt is expecting a significant dividend from RBI for FY26, with receipts budget projections indicating Rs 2.
Hope for the higher dividend has emerged after the RBI has sold dollars heavily in market worth USD 195.568 billion between April and November 2024.
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Rupee gains 3 paisas
Pakistani rupee on Friday appreciated by 03 paisas against the US dollar in the interbank trading and closed at Rs278.94 against the previous day's closing of Rs278.97. However, according to the Forex ...
Shashi Tharoor dismisses Trump's tariff threats on BRICS nations over US dollar replacement, calling them empty and baseless.
India’s Finance Minister Nirmala Sitharaman is set to present a record eighth consecutive Union Budget. Meet Team Sitharaman ...
The finance ministry's economic report card has attributed depreciation of rupee to external factors and noted that macroeconomic fundamentals are st.
MUMBAI: The rupee hit an all-time low on Friday ahead of the Union Budget, making it the worst-performing major Asian currency in Jan. The decline was driven by reiteration of US President Donald ...
In the first nine months of FY25, the rupee depreciated 2.9%, performing better than the Canadian dollar, South Korean won, ...
The Reserve Bank of India (RBI) conducted a dollar-rupee buy/sell swap for $5 billion on Friday, with the transaction to be ...
The rupee pared initial losses and settled flat at 86.62 against the US dollar on Friday, as the support from positive domestic equities was negated by unabated foreign fund outflows and month-end ...
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than ...
One of the primary factors behind the rupee depreciation during 2024 has been the broad-based strengthening of the USD amidst ...