Rupee Hits Record Low Amid Rate Cut Speculations

By BPN News Desk February 5, 2025

Economy

The Indian rupee has dropped to an all-time low against the U.S. dollar, influenced by market expectations of a potential rate cut by the Reserve Bank of India (RBI) and rising demand for dollars from importers. Rupee Hits Record Low The rupee fell to 87.35 per U.S. dollar, marking a fresh

Business Finance

RBI Utilizes $77 Billion from Forex Reserves to Stabilize Rupee Amid Depreciation

By BPN News Desk January 27, 2025

The Reserve Bank of India (RBI) has deployed $77 billion from its foreign exchange reserves to stabilize the Indian rupee, which has witnessed a sharp depreciation in recent months. This move reflects the central bank’s efforts to manage volatility in the currency market and maintain investor confidence amid global economic challenges. “Sharp Rupee Depreciation

Finance

Foreign Investors Withdraw ₹44,396 Crore from Indian Equities in January

By Editor - News Desk January 20, 2025

In January 2025, foreign investors pulled out ₹44,396 crore from Indian equities, influenced by global economic factors and domestic market concerns.

Finance

Raghuram Rajan: Rupee Fall Not Concerning, It’s a Dollar Issue

By BPN News Desk January 16, 2025

Raghuram Rajan downplays concerns over the rupee's depreciation, attributing it to global dollar strength.

Finance

RBI May Limit Forex Interventions to Keep Rupee Competitive

By BPN News Desk January 13, 2025

RBI may reduce forex interventions to allow rupee depreciation, boosting export competitiveness.

Finance

Rupee May Breach 90 Against Dollar Amid RBI Policy Shift

By BPN News Desk January 11, 2025

The Indian rupee is poised for further depreciation, potentially breaching the 90-per-dollar mark, as the Reserve Bank of India (RBI) appears to ease its long-standing intervention strategy in the forex market. The shift comes amid evolving global economic conditions and rising concerns over India’s trade deficit and inflation. RBI’s Changing Forex Strategy

Finance

RBI Study Reveals Rupee Depreciation Boosts Exports

By BPN News Desk December 26, 2024

In a significant observation on India’s trade dynamics, a recent study by the Reserve Bank of India (RBI) has revealed that a depreciating rupee provides a considerable boost to the country’s exports, whereas a strengthening rupee has a relatively smaller impact on imports. The findings underscore the asymmetric influence of currency movements on India’s trade […]