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Rupee REER declines in Dec after Nov peak

The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed.......

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the......

Is foreign exchange rate stability desirable? Not really

The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and......

Reserve Bank of India net sold $6.5 billion in August, shows data

The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......

Rupee overvalued vs key currencies despite new lows against $

The rupee remains overvalued against the currencies of India’s trading partners, even as it hit record lows against the dollar in August and September. Illustration: Uttam Ghosh/Rediff.com......

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News for Reer

Rupee REER declines in Dec after Nov peak

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

Is foreign exchange rate stability desirable? Not really

Reserve Bank of India net sold $6.5 billion in August, shows data

Rupee overvalued vs key currencies despite new lows against $

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