india trade

Latest news and articles about india trade from NEX English

Indian Central Bank Takes Bold Steps to Support Declining Rupee

The Indian central bank has announced strong measures to curb speculation against the rupee, which has seen a significant decline in value. This move comes at a critical time as the Indian economy faces increasing pressures from global market fluctuations.

Indian Rupee Continues to Decline Despite Anti-Speculation Efforts

The Indian rupee faces increasing pressure leading to its ongoing decline, despite government efforts to curb speculation in the currency market. According to Abbas Kishvani, Director of Macro Strategy at RBC Markets, the fundamental factors behind the currency's weakness remain unchanged.