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 ...
Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...
The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...
Neelkanth Mishra, Chief Economist of Axis Bank, says the Reserve Bank of India's policy to stabilize the rupee has lasted ...
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the ...
Gold prices soared Rs 500 on Thursday, reaching a two-month high of Rs 81,300 per 10 grams in Delhi's bullion market.
Rupee closes lower at 86.56 against USD due to strong dollar, high crude oil prices, and foreign fund outflows.
The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
UBS Group AG is asking investors to short India’s rupee and go underweight on the country’s stocks.