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 closes lower at 86.56 against USD due to strong dollar, high crude oil prices, and foreign fund outflows.
Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.
The rupee depreciated 21 paise to close at 86.61 against the US dollar on Thursday, dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. However, ...
Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...
MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the ...
The noted economist argued that higher import duties would curb the demand for dollars from importers and help arrest the ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...
The rupee declined 4 paise to 86.44 against the US dollar in early trade on Thursday amid a firm American currency, rising ...
RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.