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 ...

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 ...

The rupee depreciated 16 paise to close at 86.56 (provisional) against the U.S. dollar on Thursday (January 16, 2025), ...

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 ...

The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...

The rupee also gained strength following the RBI’s actions. After a brief dip to 86.60 earlier in the week, the central bank’s intervention helped the currency recover to 86.36 by the close of trading ...