The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...
MUMBAI (Reuters) - India's markets regulator is pushing fund houses to popularise monthly investments as low as 250 rupees, ...
The rupee hit an all-time low against the US dollar, closing at 86.63. The drop is attributed to the strengthening US dollar, ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...
Government sources highlighted that the rupee depreciation will enhance India's export competitiveness in global markets, ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
The rupee closed at a new lifetime low of 86.55 on January 14, according to the Reserve Bank of India, having fallen 2.6 per ...
In the early trade, the 30-share BSE Sensex climbed 595 points to 77,319.50. Meanwhile, the Nifty was also up by 125 points ...