The Economic Times | Here comes the end of another rollercoaster year for the Indian Rupee, closing the Financial Year 2023 roughly by about 8% decline, the largest since COVID-induced FY 20. The local currency came under immense pressure after global commodities jumped multi-fold and gave a boost to already heated global inflation. With no

CNBC TV18 | The rupee has been caged between 82.50-82.90 levels for the past three weeks. However, the month of March seems to get an awaited direction to the USD-INR pair. Going forward, a reversal in the US dollar index (DXY) from a crucial resistance of 105-105.50 zone could support positivity in emerging market currencies

The Economic Times | Major central banks across developed economies concluded the year in December 2022 by chasing inflation by raising interest rates. However, this year, all three banks i.e US Fed, ECB, and BOE acknowledged that inflation was on the right path of decline, “disinflation”, which raised questions about further tightening. Well, the honeymoon

The Economic Times | Markets A movement from 83 to 81 finally justified the rupee’s strength versus the dollar. After remaining deviated for more than a month, finally in the new year, rupee chased its peers and started taking cues from the weaker USD. Standing right at multi-days or a week or a couple of