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 Indian rupee weakened on Thursday as dollar demand from importers, including oil companies, outweighed the impact of a ...
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 ...
Global media also highlights India’s growing military presence in the Indian Ocean, with recent naval manoeuvres and ongoing ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
Government sources highlighted that the rupee depreciation will enhance India's export competitiveness in global markets, ...
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 ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...