Image Source : FILE Union Budget 2023: Rupee opens on a positive note, gains 12 paise to 81.76 against the US dollar Union Budget 2023: Ahead of the Union Budget…
Analysts expect that the overall focus will continue on the growth agenda through higher capex allocation that will accelerate the investment cycle and employment. Source link
The survey stated that the challenge of a depreciating rupee persists with the likelihood of further increases in policy rates by the US Federal Reserve. Source link
Image Source : FILE/REPRESENTATIONAL PIC Rupee gains 57 paise The rupee strengthened 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, registering the biggest single-day gain…
The Reserve Bank of India#39;s (RBI) policy decision is due shortly after the open. Source link
In addition, investors remained concerned over continued foreign capital outflows ahead of the RBI#39;s policy announcement on Wednesday, forex dealers said. Source link
Forex traders said a weak dollar in the overseas market cushioned the downside for the local unit. Source link
The rupee was down 0.5% to the dollar at 81.7500, a rank underperformer among Asian peers. The offshore Chinese yuan was up 0.9%, leading Asian currencies higher. Source link
The rupee ended up 0.45% last week at 81.3175 per dollar but underperformed its Asian peers due to strong demand for the greenback from corporates. Source link
Image Source : RBI (TWITTER). Digital rupee a 'game changer', says SBI Chairman Dinesh Khara. Digital rupee: SBI Chairman Dinesh Khara today (December 2) said the Reserve Bank's first pilot project…