The Indian rupee witnessed muted price action on Friday to end the week little changed as traders awaited developments in U.S.-India trade talks, with a positive outcome potentially helping the local ...

Usually, a 1% depreciation in the rupee improves operating margin by 15-20 basis points for Indian IT companies. However, such gains are going to be limited owing to cross-currency headwinds.

Another factor behind the decline of the rupee is uncertainty about the global economy that has, in turn, propelled the dollar to a 20-year high against the currencies of its major trading partners.

Modi’s Push to Take Indian Rupee Global Gets Off to a Slow Start Rupee struggles to make inroads in global FX transactions Internationalisation is a process, not a target: RBI’s Das ...