The rupee came under pressure following heavy selling in domestic equities and the crude oil breaching the $ 80 per barrel mark on geo-political worries related to killing of Saudi journalist Jamal Khashoggi. read more
This holiday season, tourist hotspots such as Phuket, Bali, Singapore, Istanbul and South Africa are emerging as the preferred foreign destinations for Indians due to a heavily depreciated rupee, according to four companies in the travel booking bus... read more
In the cross-currency trade, the rupee recouped losses against the British Pound to close at 95.45 per pound from 95.65 and also recovered against the euro to finish at 85.25 from 85.33 earlier. read more
The measure is part of a series of attempts by the world’s third-biggest oil importer and consumer to cut its surging oil import bill in the face of rising oil prices and a weaker Indian rupee. read more
The Indian rupee hit an all-time low of Rs 72.54 against the US dollar on September 6 — a fall from less than Rs 65 per dollar six months ago. Students headed abroad, or already enrolled overseas, are bearing the brunt of this sharp devaluation. read more
The Indian rupee’s unabated fall continued for the sixth straight session on Wednesday, hitting yet another closing low of 71.75, down 17 paise against the US currency as surging oil prices and weak trend in emerging market currencies weighed on sen... read more
Pakistani Wing Commander Bilal Ahmed (L) presents sweets to Border Security Force (BSF) Commandant, Sudeep Kumar, on the Independence Day of Pakistan at the India-Pakistan Attari-Wagah border post about 35 km from Amritsar on Tuesday.