A few smaller companies have also announced currency-related losses, with more expected as the earnings season progresses ...
On Wednesday, the rupee pared its initial losses and settled for the day on a positive note, higher by 2 paise to close at 86.55 against the US dollar.
The rupee's sudden slide is affecting Indian corporate earnings, prompting companies to hedge their currency exposures. This ...
InterGlobe Aviation saw its foreign-exchange losses jump threefold to Rs 1,460 crore in the December quarter. Carmaker Maruti Suzuki also cited currency variations as a negative for margins.
The Indian currency depreciated by 4 paise on Thursday morning as the US Federal Reserve (Fed) continued to keep rates on ...
The Indian rupee weakened on Wednesday on the back of strong dollar bids related to importers' month-end payments, while a ...
At the interbank foreign exchange, the rupee opened on a weak note at 86.58, and during the day touched a high of 86.49 and a ...
The Pakistani rupee (PKR) closed in green after 3 bearish sessions against the US Dollar (USD) today after opening trade at ...
The Indian rupee weakened on Wednesday on the back of strong dollar bids related to importers’ month-end payments, while a decline in the cost of hedging against the currency’s decline added to the ...
Indian Central Bank has onboarded its first private firm to test the e-rupee for retail users. Fintech firm Cred has become the first private company ...