He also oversaw a critical devaluation of the Indian rupee to address the country's severe balance of payments crisis. Singh ...

The Indian Rupee on Friday (December 27) hit a new low of 85.80 against the US dollar, driven by a strong demand for dollars in the non-deliverable forwards (NDF) market as the month-end approaches.

Major reforms initiated by Dr Manmohan Singh as the Finance Minister between 1991 and 1995 to salvage the economy from ...

The rupee experienced its sharpest single-day drop in six months, plunging 53 paise to reach an all-time intraday low of ...

India’s import bill is expected to increase by about $15 billion due to INR depreciation impact, says Global Trade Research ...

Several factors are driving this decline. Firstly, the US Dollar has strengthened, supported by expectations around the ...

The rupee hit a fresh record low on Friday, depreciating by 0.6 per cent to close at 85.7437 per US dollar. This marks its steepest single-day fall since February 2023, as per Bloomberg data. The ...

Mumbai, Dec 27 (PTI) The rupee recorded its steepest single-day fall in past six months, sinking 53 paise to hit a new ...

A Prasanna, head of research at ICICI Securities Primary Dealership, suggested the rupee should be allowed to move in line ...

The Indian Rupee dropped to its lowest value ever, 85.73, compared to the US Dollar on Friday, December 27. Check other ...

The Indian rupee fell the most in almost two years as month-end dollar demand by importers weighed on the currency.