For nearly two years, Indian importers flocked to a commonly used option strategy to hedge their forex risks amid the rupee's ...
The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...
The move is significant as the Rupee continues to weaken against the Dollar. Currently, it is hovering at a lifetime low due ...
GTRI says depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped ...
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...
Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...
The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that ...
The Indian Rupee staged a remarkable recovery today, bouncing back from an all-time low to post its best single-day gain in ...
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The rupee hit an all-time low against the US dollar, closing at 86.63. The drop is attributed to the strengthening US dollar, ...
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...