Rupee may settle at around 79-80/USD in near term: Experts

India crude oil commodities bill had more than multiply in May to $19.19 billion.For a nation that is 85 per cent babelike on commodities to meet its oil needs and 50 per cent for gas duties, soaring…

India’s policy rate hike shallower than US: Icra

The runs enormous foreign exchange reserve is likely to prevent a disorderly decrease of the home currency, the rating agency said in the report.On the currency rupee, the rating agency expects the I…

Is the rupee’s recovery sustainable?

They are rationing abroad exchange to meet the most critical demand become from the most all-important among all cases.This means it will purchase back the dollars trade into the market within a speci…