The Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...

Whenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...

FCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...

PSU mutual funds saw Rs 4,498 crore in outflows in March, a mild improvement from February, according to Vallum Capital. While PSU funds po...

Investors are shifting their focus as the dollar declines, buoyed by the resumption of oil shipping after a ceasefire in the Gulf alleviate...

Sterling was also on the back foot, falling 0.8% to a weekly low of $1.11535 as Britain's ruling Conservative party began scrambling to pic...

The single currency tumbled to $0.9901 but later clawed back losses to return close to parity with the dollar in afternoon trading.

On Wednesday, it slumped to as low as $0.9998 and is down almost 12% so far this year. It started the year on a strong note before the war ...

The euro languished at $1.0036. The currency is down nearly 12 per cent this year, falling to a 20-year low in the previous session, thanks...

Adding to worries in early Asian trade was news Ukraine's Zaporizhzhia nuclear power plant, the largest of its kind in Europe, was on fire ...

The dollar's index against a basket of six major currencies hit a five-month high of 93.439 on Wednesday and last stood at 93.209.

The greenback set a fresh one-year top of 110.48 yen early in Wednesday's Asian session, and hovered near Tuesday's almost five-month high ...

The yen stood just shy of strong resistance and Friday's 10-month low of 109.85 per dollar to trade at 109.77 early in the Asia session.

The dollar gained 0.1% to 108.835 yen, another safe haven currency, as the pair continued to consolidate below 109.

The 17-nation euro is steady versus the US dollar amid increasing confidence in measures being taken by European leaders to deal with the f...

The euro is down against the dollar as traders await new European and US data for indications on the state of the global economy.

The euro is trading higher against the U.S. dollar as European countries move ahead with a bailout fund for the 16-nation eurozone.