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rupee trade
]Latest from rupee trade
Rupee drops to lifetime low of 83.7525 vs dollar on outflow worries
Forex traders said the sharp downfall in the domestic unit came on the heels of a downturn in the Indian equity markets and significant foreign fund outflows.
Published on Aug 05, 2024 11:08 AM IST
PTI |
Indian rupee declines to record low after government raises tax on capital gains
The Indian rupee declined to record low after the domestic stock market crashed due to the government raising tax on capital gains.
Published on Jul 23, 2024 02:30 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Rupee's stability & cost makes it attractive for carry trade, Bank of America
The Indian rupee is stable and inexpensive compared to its emerging market peers
Published on Jun 10, 2024 05:00 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
India, Russia suspend negotiations to settle trade in rupees
India's finance ministry, the central Reserve Bank of India and Russian authorities did not immediately respond to requests for comment.
Published on May 04, 2023 01:40 PM IST
Reuters |
India’s new trade policy aims at $2tn exports by 2030
India's Foreign Trade Policy (FTP) aims to achieve $2tn in exports by 2030, split equally between goods and services, and encourages trade settlements in rupees. The policy takes effect from 1 April and is designed to expand India's share in the global supply chain and exports. The government has launched a dynamic policy without a sunset clause and will launch a ?massive, focused, concentrated? global outreach in the next four or five months, involving Indian missions abroad to boost exports.
Updated on Mar 31, 2023 11:53 PM IST
Rajeev Jayaswal, New Delhi
