The rupee depreciated by 14-15 paise to 84.90 per US dollar in the NDF market, traders said. The fall in the rupee is because traders expect changes in the central bank’s currency intervention policy. During Shaktikanta Das’ tenure, the RBI regularly intervened in the foreign exchange market to prevent excess volatility.
West Asia conflict drives 15-20% rise in corporate working-capital demand at banks
Working-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elongated shipping timelines have led to
October 30, 2026