Forex pressures mounted on the rupee due to institutional capital outflows and sustained pressure from elevated oil prices.
Tag: foreign exchange
Indian Rupee weakens by 34 paise against US dollar as elevated crude prices pressure foreign reserves
The domestic currency faced downward pressure from aggressive foreign institutional selling and surging energy import bills.
Commerce Minister Piyush Goyal asserts medical value tourism can power job creation and foreign earnings
The minister urged private healthcare networks to scale international patient infrastructure and accreditation.
Iran free-market currency plunges past 2.8 million rials per US dollar under maritime sanctions
The widening gap between official and open-market currency values accelerated inflation and asset shifts into physical bullion in Tehran.
dtcpay Adopts Bloombergs B-PIPE for Treasury Foreign Exchange Trading Operations
Singapore payment firm dtcpay integrated real-time Bloomberg FX market data feeds to strengthen cost controls and trading accuracy.
Foreign Exchange Inflows Cross $20 Billion Under RBI Special Dollar-Rupee Swap Scheme
Central bank liquidity initiatives successfully attracted substantial foreign currency deposits to stabilize domestic currency reserves.
FOREX inflow crosses $20 billion under RBI special swap scheme
Banks mobilized over 20.7 billion USD in foreign exchange inflows under the new central bank scheme.