Finance
The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million in the onshore deliverable market, in a move aimed at containing currency volatility after the rupee fell to a record low against the US dollar. The step comes as pressure on the Indian currency has intensified amid higher […]
International
US paper currency will soon carry President Donald Trump’s signature, marking the first time a sitting president’s name will appear on American banknotes. The change is being presented by the US Treasury as part of the country’s 250th anniversary commemorations in 2026 and breaks with a long-standing tradition under which paper notes carried the signatures […]
Economy National
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
Economy National
The rupee fell 20 paise to 93.73 against the US dollar in early trade on Tuesday, reflecting continued pressure on the Indian currency from higher crude oil prices, persistent foreign fund outflows and a firm American dollar. The decline came after the rupee had already touched record low levels in recent sessions as the West […]
Economy National
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]
International
The U.S. dollar strengthened on Wednesday after fresh consumer inflation data came in broadly in line with market expectations, easing concerns over unexpected price pressures. Inflation Data Shapes Rate Outlook December consumer price figures suggested inflation remains steady, reinforcing expectations that the Federal Reserve is unlikely to change interest rates in the