Understanding India's exchange rate policy, implications, and structural constraints in the economy in a concise and clear ...
The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...
MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...
Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
The local unit settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from ...
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.
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, ...
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 ...
The spectre of imported inflation through the falling rupee is a challenge before the Monetary Policy Committee of the ...