The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...

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 ...

The Indian rupee rebounded on Wednesday, after falling to a lifetime low in the prior session, to log its best day in over ...

Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...

Some analysts are pushing back expectations for interest rate cuts in India as the rupee's slump to record lows fans worries ...

Global media also highlights India’s growing military presence in the Indian Ocean, with recent naval manoeuvres and ongoing ...

The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...

At the interbank foreign exchange, the Indian rupee opened at 86.57 and pared further losses to trade at 86.49 against the US ...

The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...

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A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...