Rupee performed well compared to other global currencies due to strong forex reserves: Piyush Goyal
CHHATRAPATI SAMBHAJINAGAR : Union Commerce Minister Shri Piyush Goyal on Thursday said the Indian Rupee has performed well compared to other global currencies due to the country’s strong foreign currency reserves. He also said
Rupee’s fall all due to dollar’s rise, any RBI intervention can harm Indian exports : Ra…
DAVOS : Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank Governor Raghuram Rajan has said any intervention by the RBI on this can end up harming
Mark Mobius finds opportunity in weaker Rupee to help export-oriented firms
NEW DELHI : A weakening rupee may hinder foreign investment inflows into India, but it could offer a boost to export-oriented companies by enhancing their competitiveness against China, according to Mark Mobius, Chairman of
Indian Exporters see Limited Gains from Weaker Rupee
NEW DELHI : The Indian rupee’s depreciation to an all-time low of Rs 85.10 per US dollar has brought a mixed bag of outcomes for exporters and import-reliant industries. While sectors like garments, handicrafts,
Rupee falls to all-time low of 84.37 against US Dollar
MUMBAI : The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in
Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This
‘Better connectivity, trade in Rupee will further enhance Bangladeshi exports to India’
NEW DELHI : Indian High Commissioner to Bangladesh Pranay Verma on Monday hoped that better connectivity and new measures like trade in Indian Rupee will further enhance Bangladeshi exports to India. He joined Bangladesh’s
Rate of Rupee depreciation coming down : Piyush Goyal
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Saturday said at the India Banking Conclave here, that the rate of rupee depreciation has come down and expressed hope that after 8-10 years, it will start appreciating