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

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

Understanding India's exchange rate policy, implications, and structural constraints in the economy in a concise and clear ...

MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...

Rupee weakens against dollar due to strong American currency, high crude oil prices, and foreign fund outflows.

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

MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the ...

Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...

The rupee depreciated 21 paise to close at 86.61 against the US dollar on Thursday, dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. However, ...

RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.

Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.

The RBI has updated FEMA regulations to encourage cross-border INR transactions, including settling trade, investments, and ...