Several countries are calling for trade to be carried out in currencies besides the US dollar. But a survey of central bank currency managers shows the shift will be a slow affair.
Mumbai: The Indian rupee could drop to 84-85 to the dollar by March due to rising crude oil prices, high trade deficit and depleting foreign exchange reserves,...
Forex traders said the rupee is trading in a narrow range as losses in the greenback supported it, while weak domestic equities weighed on the local unit.
Fuel costs are adding to Modi’s challenge of tackling a hurtling pace of growth that’s boosting ownership of vehicles and demand for oil ahead of US sanctions on Iran.
Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.
The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.
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