MUMBAI, July 21 (Reuters) - The Indian rupee will likely take cues from how far the dollar's nascent recovery extends this week, while bonds will move based on expectations of interest rate cuts by ...

The Indian rupee plummeted to a historic low on Thursday, driven by strong dollar demand from local importers and likely capital outflows. What Happened: The rupee sank to an all-time low of ₹83.65 ...

The Indian Rupee appears to be on course for some minor improvement in its status against the US dollar. The nation's currency regained some of its lost value, with one dollar amounting to less than ...

For decades, no global currency has stood a chance of dethroning the U.S. dollar. But a growing coalition of countries is apparently seeking to do just that — and they're already making moves. The ...

India's efforts to achieve increased international acceptance for its currency are floundering. No oil trades were settled in rupees during the financial year 2022-2023, the Press Trust of India ...

In another blow to dollar dominance, India and the UAE settled an oil trade without converting local currencies to dollars for the first time on Monday, as India’s top refiner made a payment for oil ...

The Indian rupee has breached an all-time low of 86 against the US dollar. The rupee depreciated to 86.44 against the US dollar in early trade on January 27, 2025, due to the strength of the American ...

Aug 14 (Reuters) - India and the United Arab Emirates have started settling bilateral trade in their local currencies with India's top refiner making payment in rupees for purchase of a million ...