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A Weaker Rupee Doesn't Guarantee Export Boost | Mint Explains | Mint

According to the stats and prior experience, it is difficult to boost exports with a weaker currency. One US dollar has been worth more than 80 Indian rupees for over a month. The value of the rupee has more than halved since early 2008. Would a depreciation of the rupee boost exports and bolster India's economic development during the impending global slowdown? #rupee #currency #economicdevelopment #globalinflation #economy #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

9 Jan 2023
Markets

Rupee near three-week low tracking Asian peers

In early deals today, the rupee traded at 71.11 a dollar, down from Wednesday's close of 70.99The Indian unit had opened at 71.09 a dollar and touched a low of 71.12 — a level last seen on 18 October

1 min read7 Nov 2019
Markets

Rupee opens weak as Fed meet eyed

At 9.10 am, the domestic currency was trading at 70.94 a dollar, down 0.13% from Tuesday's close of 70.84The Indian unit opened at 70.89 a dollar

1 min read30 Oct 2019
Markets

Rupee weak against dollar; investors await cues on US-China, Brexit deal

At 9.10 am, the home currency was trading at 71.06 a dollar, down 0.04% from Thursday's close of 71.03The Indian unit had opened at 71.04 a dollar

1 min read25 Oct 2019
Markets

Rupee opens higher against dollar on strong Asian cues

At 9.10 am, the home currency was trading at 70.79 a dollar, up 0.17% from Wednesday's close of 70.91.The Indian unit had opened at 70.78 against the dollar

1 min read24 Oct 2019
Markets

Rupee closes at 70.94 a dollar, up 0.29% from Friday's close

The Indian rupee had opened at 70.92 a dollar and touched a high and a low of 70.84 and 71.01 respectivelyThe benchmark BSE Sensex index fell 0.85% or 334.54 points to close at 38963.84. So far this year it gained 8.03%

1 min read22 Oct 2019
Markets

Rupee ticks higher as dollar weak on decline in US retail sales

In early deals, the rupee traded at 71.40 a dollar, a tad higher than Wednesday's close of 71.44The Indian unit had opened at 71.38 a dollar

1 min read17 Oct 2019
Markets

Rupee trades higher on optimism about US-China trade talks

In early deals today, the rupee traded at 70.83 a dollar, up 0.34% from Thursday's close of 71.07The Indian unit had opened at 70.84 a dollar

1 min read11 Oct 2019
Markets

Rupee closes at 71.07 a dollar, down 0.07%, from Monday

Rupee had opened at 71.19 a dollar.The benchmark Sensex gained 1.72% or 645.97 points to close at 38177.95. So far this year, the index has gained 5.85%

1 min read9 Oct 2019
Markets

Rupee closes at 70.90 a dollar, up 0.26% from Tuesday

The Indian currency had opened at 71.22 a dollar today and so far has touched a low of 71.35The benchmark Sensex closed down 0.52% or 198.54 points to 38106.87. So far this year, the index has gained 5.65%

1 min read3 Oct 2019
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