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ET Explainer: How current account deficit influences rupee's movement - Vimarsana News

ET Explainer: How current account deficit influences rupee's movement

The Indian rupee remained stable in 2023 due to the narrowing current account deficit and strong economic fundamentals. The rupee's performance was positive, and its strength is attributed to sound economic fundamentals and the moderation of the current account deficit.

Forex Boost: India's Foreign Exchange Reserves Jump $2.35 Billion To $596.1 Billion - Vimarsana News

Forex Boost: India's Foreign Exchange Reserves Jump $2.35 Billion To $596.1 Billion

Gold reserves drop by $324 million to $45.049 billion; special drawing rights were up by $62 million to $18.249 billion

Source: news18.com
NRIs will have to live with rupee at sub-20 a dirham level for now - Vimarsana News

NRIs will have to live with rupee at sub-20 a dirham level for now

Rupee remains passive even as India's stocks shot up higher after RBI decision Published:  February 05, 2021 09:14 Last updated:  February 05, 2021 14:24 Gulf News Report Rupee's sticking to a range now, even as NRIs wait for it to go back to 20 and over to a dirham. Image Credit: Shutterstock Dubai: Indian expats in the UAE will have to make do with the rupee at 19.75-19.87 levels for now, with India’s central bank retaining interest rates at 4 per cent. “The RBI did what was widely expected and maintain its a...