Pound

From 4 to 80: A look back at the journey of rupee since India's Independence

Since the economic reforms of 1991, the rupee has been depreciating at the rate of 3.74 per cent on compound annual growth rate against the US dollar because of inflation and interest rate differential between the US and India

Why dollar is in demand, why rupee is depreciating and what experts think happens next

The rupee has actually held up pretty well against the dollar (which itself has risen 13 per cent in 2022) when compared to the performance of other currencies including the pound, the euro and the Japanese yen

Crude costs money again after shock crash to below zero, rattles investors; stocks stay in doldrums

Monday’s plunge in US crude came as the May contract expiry looms at the end of Tuesday trade.

Dollar scales record levels at 3-year peak; global rampage spurs FX interventions, speculation of big G7 move

The dollar’s brutal ascent—up 6.5 percent this month against a basket of peers—has sent almost every other currency reeling.

Boris Johnson reassures farmers that Brexit won't hurt economy even as pound slumps to lowest since March 2017

British prime minister Boris Johnson was visiting Wales on Tuesday as part of a national tour intended to reassure Britons that his hard-Brexit push won't hurt the economy and rip apart the UK

After weak opening, rupee rises 13 paise to 70.92 against dollar in early trade; pound rallies after UK PM's defeat in Parliament

The rupee opened on a weak note at 71.10 at the interbank forex market then lost further ground and touched a low of 71.12.

Brexit falls through, Theresa May awaits no-confidence vote: Investors advised not to take directional views on sterling, gilts or UK stocks

European Union leaders said they would step up preparations for a no-deal Brexit and business groups reacted with alarm after British lawmakers defeated Prime Minister Theresa May's Brexit divorce deal by a crushing margin on Tuesday.

Fall in rupee caused by global factors, Indian currency better off than others, says Arun Jaitley

The rupee fell for the sixth straight session on Wednesday, closing at a low of 71.75 against the US dollar, but Arun Jaitley said the currency is better off than others.

Arun Jaitley remains non-committal on cutting excise duty as petrol and diesel prices hit fresh high

Arun Jaitley defended criticism that he and External Affairs Minister Sushma Swaraj as Opposition leaders had mounted against the previous UPA government on the issue saying inflation during those times was in double-digits

RBI's fascination with fiat cryptocurrency: Why central bank's gamble can push the Indian economy into chaos

The deputy governor has tied himself into knots by saying that both the existing Indian rupee as well as the fiat cryptocurrency, the RBI is toying with, would hold sway.