Forex Alert: Indian Rupee Depreciation to 83.19 vs. USD – Decoding Economic Impact! 📉💹

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Indian Rupee Wraps Trading Session at 83.19 Against US Dollar: Unraveling Economic Connotations In the most recent market closure, the Indian Rupee concluded at 83.19 in contrast to the US dollar, marking a marginal downtick from its preceding closure at 83.14. This ebb and flow in currency valuation, a recurrent spectacle in foreign exchange arenas, … Read more

India’s Stagflation Risk Dwindles: RBI’s Positive Outlook

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RBI Experts Analyze Diminished Risk of Stagflation in India The Reserve Bank of India’s recent analysis signals a decreased risk of stagflation in India, attributing the decline to multiple factors such as easing financial conditions, stable INR/USD exchange rates, and consistent domestic fuel prices. In a comprehensive review, RBI officials Deba Prasad Rath, Silu Muduli, … Read more