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 ...
Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...
The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...
The Bloomberg said that Malhotra showed keen interest in the RBI’s currency intervention functions and he did not object to ...
India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to ...
Government sources highlighted that the rupee depreciation will enhance India's export competitiveness in global markets, ...
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 Indian Rupee staged a remarkable recovery today, bouncing back from an all-time low to post its best single-day gain in ...
The Indian rupee weakened on Thursday as dollar demand from importers, including oil companies, outweighed the impact of a ...