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 local unit settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from ...
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 ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
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 ...
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The rupee extended its recovery for the second straight session and settled with a gain of 13 paise at 86.40 against the US dollar on Wednesday, tracking favourable cues from domestic equity markets ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...
The noted economist argued that higher import duties would curb the demand for dollars from importers and help arrest the ...