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r/BitcoinIndia

â–² 13 r/BitcoinIndia

BREAKING: India’s Parliamentary Finance Panel is set to meet with Binance, WazirX, and ZebPay tomorrow to discuss the future of crypto regulation in India.

u/True_Bodybuilder8095 — 24 hours ago
â–² 10 r/BitcoinIndia

The United States Dollar is trading in the range of 95.97 to ₹96.11, setting record lows for the Indian Rupee as it inches closer to the psychological ₹100 mark.

The falling Rupee is primarily driven by:

Rising crude oil prices: As a major oil importer, India's demand for dollars surges to fulfill energy needs.

Capital outflows: Foreign institutional investors (FII) are pulling funds, coupled with shifting global trade policies.

Strong US Dollar: Broad strength in the US dollar has kept foreign exchange markets volatile throughout the year.

u/Funny-Measurement342 — 3 days ago