The Indian rupee (INR) declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day ...
As the Indian rupee reached a record low of 87.58 to the dollar on Thursday, it finds itself at a critical juncture, navigating a sea of global and domestic pressures.
The new RBI governor Sanjay Malhotra, in his first monetary policy stated that the Indian economy, though continuing to remain strong and resilient, also did not remain immune to the global headwinds, ...
As India’s currency drops to a new low, export prospects brighten, even if inflation risks rise. Is RBI allowing a freer slide? Is growth now a bigger concern than price stability? We’ll know soon.