Rupee plunges to all-time low against US dollar
The local currency opened at 77.56 against the US dollar and hit an all-time low of 77.58 versus the greenback.
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Rupee falls to record low of 77.41 against US dollar
The rupee opened at 77.17 against the US dollar at the interbank foreign exchange.
US dollar losing currency among world's central banks; guess who's gaining
An IMF research report shows a strong negative correlation between the reserve issuer's public debt and reserve shares.
Russia-Ukraine war triggers war against dollar
Two-pronged transformations in the global financial system will result in swifter downfall of the dollar.
India to be the third largest economy by 2031: Report
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
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High crude oil price + weak rupee = Wider CAD
While hoping for no rate action from RBI, Ind-Ra expects a macroeconomic hotchpotch if these factors sustain beyond a quarter.
