The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...

Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...

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

The Indian rupee rose on Wednesday, aided by a broadly softer dollar ahead of closely watched U.S. inflation data, while the ...

The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...

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

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

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

Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...

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

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

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