By focussing on gold, digital payments, and local-currency trade, India is not questioning the supremacy of the dollar. It is ...
India's balance of payments unexpectedly was in surplus in the April-June quarter, even as the current account deficit widened, but economists said this positive reading was likely an anomaly. MUMBAI, ...
MUMBAI, Sept 5 (Reuters) - The Indian rupee held near a lifetime low on Thursday despite intervention by the country's central bank, with traders and analysts expecting persistent pressure on the ...
Here is a number that Indian planners, economic administrators and central bankers would do well to remember: $124 billion. It should perhaps be imprinted on all policy documents henceforth. As the ...
MUMBAI, Aug 22 (Reuters) - The Indian rupee's fair value is around 80 against the U.S. dollar, given the country's balance of payment challenges and the Reserve Bank of India's interventions, JPMorgan ...