Rupee rises 9 paise to 83.56 in opposition to US greenback in early commerce

The rupee sustained its gaining streak for the third straight session and rose 9 paise to 83.56 in opposition to the US greenback in early commerce on Friday buoyed by a agency home fairness market and weakening American foreign money. Decrease crude oil costs additionally supported the Indian foreign money although the unit was weighed … Read more

India’s foreign exchange reserves attain $615.97 billion, highest in 20 months

India’s overseas alternate (FX) reserves rose for the fifth time within the week ending December 15, touching an over 20-month excessive of $615.97 billion- the best stage since March 2022. FX reserves elevated by $9.11 billion through the week, one of many highest weekly will increase ever and the second highest in FY24 to date, … Read more