KARACHI: Pakistan's information technology (IT) exports continued their upward trajectory, surging above $2 billion due to consistent penetration of local industry into foreign ma ...
Dubai: The Indian rupee dropped nearly 4% against the dollar between early November and the first week of this month – while ...
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A weaker rupee boosts revenue potential for IT firms with greater exposure to these currencies and a strong offshore workforce.
Giving his take on yesterday's action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty witnessed another ...
The rupee fell by 8 paise, closing at 86.95 against the US dollar on Tuesday due to demand for dollars linked to maturing non ...
This is why New Delhi is under pressure, given its $35 billion trade surplus with the US, to reduce or even abolish tariffs ...
In a hard-hitting attack, Kharge alleged that India is staring at a global tariff war, country's "manufacturing sector is drowning and "Make in India & PLI Schemes have failed". He accused the ...
U.S. bond yields nudged higher as well, with the 10-year Treasury yield up four basis points at 4.51%. The 1-year U.S. Treasury yield also rose, hurting dollar-rupee forward premiums. The dollar-rupee ...
Rupee depreciated 10 paise to close at 86.98 against US dollar on Tuesday weighed down by an uptick in the American currency index and rising crude oil prices. Forex traders said there is a negative ...
The Indian rupee experienced a slight depreciation against the U.S. dollar, influenced by weak regional currencies and a surge in dollar demand. This fall was somewhat mitigated by probable ...