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IIT Delhi in Gulf, trade in local currencies: Modi concludes 'productive' UAE visit

 India and the UAE on Saturday agreed to start trade settlement in their currencies and link their fast payment systems to make international financial interactions simpler and open a campus of......

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......

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......

Rupee may depreciate to 84.5 against US dollar by end of December

 The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. Illustration: Dominic Xavier/Rediff.com This is due to the continued strengthening of the......

BSE hoists the sails for Sensex's 'offshore' voyage

 Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the ‘offshore’ debut of its 30-share index, which has become synonymous with the......

Rupee falls 9 paise to settle at all-time low of 83.13/USD

 The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency.......

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