Rupee closes weaker against US dollar at 66.89 ahead of IIP, CPI data

India’s 10-year bond yield closed at 7.103%, from its Thursday’s close of 7.083%. Pradeep Gaur/Mint Mumbai: The Indian rupee closed lower against the US dollar ahead of the macroeconomic data due later on Friday. The home currency closed at 66.89 a dollar, down 0.06% from its Thursday’s close of 66.84. […]

RBI soaking up foreign inflows to curb impact on rupee: Raghuram Rajan

A file photo of RBI governor Raghuram Rajan. Photo: Mint Mumbai: India’s central bank is trying to prevent the rupee from becoming too volatile by regularly buying dollars when there are inflows from foreign investors, Reserve Bank of India governor Raghuram Rajan said on Wednesday. Rajan, in a television interview, […]

Rupee closes marginally weaker in opposition to US dollar at 66.63

India’s 10-year bond yield closed at 7.424%, as compared with its Wednesday’s close of 7.427%. image: Mint Mumbai: The Indian rupee closed marginally weaker towards the usa dollar on Thursday, in advance of the key inflation and Index of industrial manufacturing (IIP) information due after 5.30pm. the home currency closed […]