The rupee opened at 86.14 per dollar, down 55 paise from Thursday’s (June 12's) close of 85.60. This marks the sharpest ...

The Indian rupee dropped to 86.20 against the US dollar in early trade but later recovered to 86.04, helped by the central bank’s likely intervention.

Usually, when the oil prices rises, it have an impact on the domestic inflation due to India's heavy reliance on imported crude oil. This dependency means that rising oil prices could lead to higher ...

The economic war launched by US president Trump against the rest of the world, with China the principal target, was the main factor driving the downgrade of forecasts made barely six months ago.

However, non-US entities cannot print those dollars, and so may not be able to meet demand. Thus during the 2008 financial crisis, the Fed activated some $583bn in swap lines for non-US central banks, ...