currency depreciation

Washington, April 9 – Pakistan is facing mounting debt pressures, weak growth prospects, and persistent structural vulnerabilities, which threaten its economic stability, the World Bank said.The report highlighted that economies with high public debt, limited fiscal space, and heavy external...

Washington, April 9 – The World Bank says that Bangladesh’s economy is expected to experience a gradual recovery after a period of slowdown, supported by improving domestic demand and stabilizing conditions.Growth is projected at 3.9 per cent in the fiscal year 2025-26, reflecting the impact...

New Delhi, April 8 Silver prices surged by Rs 15,028 to Rs 2.46 lakh per kilogram in futures trading on Wednesday, driven by strong global trends and increased investor sentiment following the announcement of a two-week ceasefire by the US and Iran.On the Multi Commodity Exchange, the silver...

Mumbai, Apr 1 US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday.Crisil Ratings, which...

Mumbai, March 30 The rupee breached the 95/USD mark on Monday in intra-day trading and settled at 94.78 (provisional) against the American currency after the escalation of the Iran war jolted global markets, fueling rupee volatility and risk-off sentiment.Forex traders said the USD/INR pair...

Mumbai, March 27 Ratings agency ICRA on Friday revised its outlook on the Indian aviation industry to negative from stable, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...

Mumbai, March 27 The rupee breached the 94.50-mark for the first time against the US dollar during intra-day trading on Friday, hitting a record low of 94.56, due to high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.A sharp decline in domestic equity markets...

Mumbai, March 27 Ratings agency ICRA revised its outlook on the Indian aviation industry to negative from stable on Friday, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...

New Delhi, March 19 BMW Group India announced on Thursday that it will increase vehicle prices by up to 2 per cent across its entire range, effective April 1, in order to mitigate the impact of rising logistics costs, material expenses, and a depreciating rupee.The price increase will apply to...

New Delhi, March 17 Opposition MPs in the Rajya Sabha on Tuesday alleged that the LPG crisis caused by the West Asia conflict has exposed that the Modi government has no energy security policy and raised questions about the establishment of a Rs 1 lakh crore Economic Stabilisation Fund.Finance...

Mumbai, March 6 The rupee depreciated by 18 paise against the US dollar on Friday, closing at 91.82 against the American currency, as rising crude oil prices and a shift towards risk aversion weighed on the currency.Forex experts said the rupee is under pressure due to the escalating Middle...

New Delhi, March 6 – The mismanagement of Pakistan as a political entity by its ruling elite has led the country to periodic crises, which have been both political and economic in nature. This economic turmoil has necessitated 25 IMF programs, each of which has exacerbated Pakistan's structural...

Mumbai, March 2 The country's foreign exchange reserves, in nominal terms, including valuation effects, increased by USD 19.4 billion during April-December 2025, compared to a depletion of USD 10.7 billion in April-December 2024, according to RBI data.On a balance of payments basis, excluding...