Exchange Rate News
Russian rouble down as top banker predicts it will weaken by year-end
RUSSIA-MARKETS/:Russian rouble down as top banker predicts it will weaken by year-end
1 min read4 Sep 2025How Trump 2.0 has changed the rupee-dollar rate story, in charts
US President Donald Trump has jolted the rupee-dollar market from its usual path of gentle depreciation, under a managed float. Mint explores how Trump 2.0 has impacted India’s rupee-dollar exchange rate policy.
3 min read6 Jul 2025India's forex reserves snap three-week gaining streak, drop by $2.54 billion to $635.721 billion
India's forex reserves had hit an all-time high of $704.885 billion in September 2024. The forex kitty declined thereafter due to forex market interventions by RBI to reduce volatility in the rupee.
2 min read21 Feb 2025Zimbabwe’s Biggest Retailer Calls for Free-Float of the ZiG
OK Zimbabwe Ltd., the southern African nation’s biggest supermarket chain, called on the authorities to free-float the exchange rate to help revive the embattled formal retail sector.
2 min read17 Feb 2025Excessive rupee volatility may impact trade, but remains a free-float currency: Finance secretary Tuhin Kanta Pandey
The Indian rupee tumbled to a record low against the US dollar amid global trade tensions, but the government is not worried, emphasizing the currency’s free-floating nature and the RBI’s role in managing volatility.
2 min read3 Feb 2025Foreign exchange rate: How can it affect your overseas travel plans? An explainer
The predetermined rate at which one currency is exchanged for another is known as the foreign exchange rate. Depending on economic circumstances, the exchange rate may increase or decrease. Let us discuss it in detail below.
2 min read6 Sep 2022Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared