Neelkanth Mishra, Chief Economist of Axis Bank, says the Reserve Bank of India's policy to stabilize the rupee has lasted ...

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 ...

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

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

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 Reserve Bank of India on January 16, 2025, announced liberalised norms to encourage use of Indian Rupee and ...

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, ...

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

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