At the interbank foreign exchange, the rupee started strong at 85.28 and moved between 85.28 and 85.70 during the day. It ...

The special drawing rights were, however, down $26 million to $18.53 billion. India's reserve position with the IMF was also ...

India's foreign exchange reserves rose by USD 4.553 billion to USD 690.617 billion in the week ended May 9, driven by a ...

As the currencies of South Korea, Taiwan and Japan rise, so too is chatter that these economies could use exchange rate ...

India saw sharp surge in ECBs during March, with private sector companies raising a record $11 billion. Of the total, $8.3 ...

Sandeep Tandon of Quant Mutual Fund sees India in a bull run. He notes a shift towards risk-on in India, contrasting with the ...

Despite falling short of expectations, India’s FY’24 GDP growth of 6.6% is relatively attractive to growth rates of other ...

Currency experts said that there was Reserve Bank of India’s (RBI) intervention in the market at 85.49 levels, which helped ...

The Indian rupee opened sharply higher at 84.62 per US dollar on Tuesday (May 13), strengthening by 75 paise from Friday’s ...

India’s foreign exchange law changes have made cross-border share swaps easier for NRIs. But tax implications may still arise ...

In the non-deliverable forward (NDF) market, the one-month forward rate for the rupee pointed to a potential drop when the domestic currency markets open. As per forecasts cited by news agency Reuters ...

The US is considering a 5% tax on remittances, which will impact Indians sending money back home. This could lead to a significant increase in costs for them.