Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
Rupee weakens against dollar due to strong American currency, high crude oil prices, and foreign fund outflows.
Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
The spectre of imported inflation through the falling rupee is a challenge before the Monetary Policy Committee of the ...
The central bank has initiated liquidity infusion measures, including daily variable rate repo (VRR) operations and ...
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 ...
The Reserve Bank has already signed Memorandum of Understanding (MoU) with the central banks of the United Arab Emirates, Indonesia and Maldives to encourage cross-border transactions in local ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...
The rupee experienced its strongest single-day gain since June 2024, closing at Rs 86.36 against the US dollar, bolstered by ...