Friday, March 24, 2023

Indian rupee

India’s external debt rises 8.2% to $620.7 bn till March 2022: FinMin report

India’s external debt rose by 8.2 per cent year-on-year to USD 620.7 billion as of March 2022, which according to the finance ministry is sustainable. While 53.2 per cent of it was denominated in the US dollar, Indian rupee-denominated...

There is no collapse of Indian rupee, asserts FM

Amid concerns over the decline in the value of the rupee against the US dollar, Finance Minister Nirmala Sitharaman on Tuesday asserted there is no collapse of the unit and it is actually finding its natural course.Sitharaman informed the...