Latest currency News & Updates

Mumbai, Dec 20 (IANS) Foreign institutional investors (FIIs) have net sold shares worth Rs 21,104 crore in December, but there are signs of a reversal of foreign institutional investor outflows due to macro strength and earnings visibility, analysts said on Saturday.Strengthening of the currency in the last two days has helped to stem the tide of FII selling, they said. During the last three trading days, FIIs were buyers in the cash market with a total buy figure of Rs 3,596 crore.”As the year …

The Rupee’s recent weakness isn’t a sudden shock—it’s the result of long-term global and domestic forces aligning. This piece explains…