Rupee hits all-time low; RBI steps in to check decline By Dhanam News Desk 05 Sep 2024 The heavy demand for the dollar from importers is said to have triggered the decline to 83.985 in Thursday's intraday trading Read More
How do Gift City funds benefit overseas Indian investors? By Dhanam News Desk 03 Aug 2024 When NRIs invest in existing Indian mutual fund schemes, their returns are diminished by approximately 3% annually due to the depreciation of the rupee against the dollar, as both the investment and withdrawal are in INR. Read More