Over the past month, Indian stocks have seen nearly $500 billion wiped off their market value. This marks the worst start to ...

Persons resident outside India will also be able to settle bona fide transactions with other persons resident outside India ...

The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national ...

To encourage the use of the rupee and other currencies to settle cross-border transactions, India's central bank took steps ...

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 Indian rupee depreciated by 16 paise to close at 86.56 against the US dollar on Thursday, driven by a strong US dollar, ...

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 Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in ...

Indian rupee gains on weaker dollar, improved trade deficit, and central bank support, marking biggest single-day increase in ...

Narrowing trade deficit in December from revised November figures also boosted sentiment as it indicated a more favourbale ...

Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...