AfDB releases 511 million USD to finance government programmes in Niger
The African Development Bank (AfDB) released about 511 million US dollars to finance four government programmes in Niger, an AfDB official said Sunday.
The African Development Bank (AfDB) released about 511 million US dollars to finance four government programmes in Niger, an AfDB official said Sunday.
The Indian rupee’s stability, despite external pressures from weak Asian currencies and rising US bond yields, highlights a nuanced approach by the Reserve Bank of India (RBI) in managing the currency.
The Indian rupee’s slide to a record low against the US dollar underscores the complex interplay of domestic and global economic factors that influence currency valuation.
The former Union minister said neither Prime Minister Narendra Modi nor any BJP member is speaking up about this depreciation.
India’s external debt rose by $4.7 billion in the April-June quarter to touch the USD 629.1 billion mark, although the…
The rupee opened at 75.53 against the US dollar, but pared the gains to settle at 75.61 against the US dollar, down 6 paise over its previous close.
The rupee opened at 75.59 against the US dollar and finally settled at 75.55, registering a rise of 3 paise over its previous close.
The spot is in indecisive market and going forward the focus will be on Jio-Mubadala deal related dollar flows.
Forex traders said positive domestic equities, weak American dollar and foreign fund inflows also supported investor sentiments.
During the day, the local unit witnessed an intra-day high of 75.29 and a low of 75.60.