A weak offshore Chinese Yuan, strong USD demand from importers, and higher crude oil prices weigh on the INR.

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to ensure transparency and reflect the ...

On the levels front, 23,850-23,870 withholds a crucial hurdle, followed by the bearish gap of 24,000-24,150, and until these ...

MUMBAI: The rupee fell to a closing low of 85.12 against the dollar on Monday, down 5 paise from its previous close of 85.07, ...

The rupee declined to 85.12 against the U.S. dollar, hitting an all-time for the fifth consecutive trading session and ...

Why is the Priority Sector Lending (PSL) relevant to the UPSC exam? What is the significance of topics such as the Exchange ...

President Khawaja Mehboob-ur-Rehman has urged Finance Minister Muhammad Aurangzeb to takes immediate and decisive steps to ...

Following are the top business stories at 2145 hours:      DEL32 BIZ-MARKET-BUDGET      **** Budget on Saturday, ...

Rupee hits all-time low against USD due to strong dollar, weak Chinese yuan, importer demand, and Fed rate cut concerns.

The rupee depreciated 7 paise and settled for the day at 85.11 against the US dollar on Monday, amid continued strength in the dollar index bolstered by the Fed’s policy stance. According to forex ...

We always begin the calendar year with a degree of optimism. To live with hope is in the very nature of human existence. No ...

To Mint Street’s credit, India resolved a macro trilemma in its own special way—keeping all three settings of an ‘impossible ...