Rupee regime gets a shift: IMF tags India’s framework as ‘crawl-like’; calls for more currency flexibility
The IMF has reclassified India’s exchange rate regime to a “crawl-like arrangement,” indicating increased flexibility after previously labeling it “stabilised.” This shift follows a review ...
RBI moves lift Re by 26p to 87.82 vs $
Rupee’s Resilience: Why the RBI’s Moves Matter The Indian rupee has been on a bit of a rollercoaster lately, hasn’t it? Navigating global economic currents ...
Currency watch: Rupee plunges 61 paise to all-time low of 88.19 vs dollar; FIIs add to pressure
The rupee plummeted to a record low of 88.19 against the dollar amid escalating trade tensions with the US, month-end dollar demand, and continuous foreign ...
