Tag Archives: Indian Rupee depreciation

NEW DELHI: India’s foreign exchange reserves have dropped for the sixth straight week, reaching a ten-month low of $625.87 billion as of 10 January, according to data from the Reserve Bank of India (RBI). This marks a decline of $8.72 billion against the previous week, continuing the slump from the all-time high of $704.89 billion recorded in September.The drop in …

NEW DELHI: Inflation remains the major risk going forward for the financial year 2026 due to the higher cost of raw materials, a DAM Capital report added. The report added that inflation is a foremost concern for FY26, with a projected decline to 4.5 per cent from the current level. The major reason behind the persistent inflation is domestic pressure. …