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Rupee weakens against dollar due to strong American currency, outflow of foreign funds, but cushioned by lower oil prices.
According to experts, investors are awaiting the outcome of India-US trade talks ahead of the August 1 deadline as Indian ...
India's foreign exchange reserves provide a 95% cover for the nation's outstanding external debt, according to recent data from the Reserve Bank of India (RBI).
A widely cited 2019 study by scholars Milan Vaishnav and Jamie Hintson predicted that if delimitation happens after 2026, as ...
Capital Market on MSN40m
INR fails to sustain gains
The Indian rupee depreciated 2 paise to 86.40 against the US dollar in early trade on Wednesday, amid outflow of foreign funds and higher international crude oil prices.
The domestic equity indices ended with strong gains today, with the Nifty closing above the 25,200 level. This positive performance was largely attributed to optimistic signals from Asian markets, ...