How the mighty dollar weakens the rupee
... takes the ‘value’ from the rupee away and transfers it to the US dollar (think petro-dollar). The rupee becomes like gold on the Treasure Island – not much left to be bought with. A pretty sad thought that the very country that grows the best ...
Pound to Rupee Exchange Rate Today - GBP INR Softer Against Rallying Indian Currency
Currency News UK: The Pound to Rupee exchange rate (GBP/INR ... it appears to be topping out. Long Pound-Dollar positions have gone from being a contrarian view in the summer of last year to being pretty much a consensus. A lot of good news about the ...
US Dollar to Indian Rupee (USD/INR) Exchange Rate Resilience Forecast, GBP/INR Trending Lower
A lack of economic data for India and month-end demand for Dollars among importers was keeping the Rupee fairly static against its US rival for much of the local session ... and could climb notably higher if today’s US data matches or exceeds estimates.
Rupee weakens two per cent in two days
"In the last two session the dollar has gained more than a rupee. Yesterday it was because of dollar index touching a 10 month high after news that the US economy is recovering faster than expected. Today ... there were not many banks offering to sell ...
Rupee Should Depreciate to 70 a Dollar: AV Rajwade
The Indian rupee touched ... that servicing a dollar debt is cheaper than servicing a rupee debt. Mr Rajwade says India's net external debt as a percentage of GDP which is at 18 per cent of GDP, one of the highest in the world today.