The intervention by the Reserve Bank of India (RBI) followed a sharp slide in the Indian rupee to record lows in recent weeks ...
At the interbank foreign exchange, the rupee opened at 91.05 against the US dollar, then recovered some ground to touch an intra-day high of 89.96, registering a 97 paise gain from its previous close.
The central bank increased its short dollar forward positions by $6 billion in September, marking the first rise in six months. This marks an important move by the central bank when the Indian rupee ...
Local stocks rose Thursday, briefly touching the 6,100 level on continued optimism regarding interest rate cuts. The ...
SBI Research estimates the rupee will remain in the depreciating regime for about six months, after which it could appreciate by around 6.5%, potentially moving back towards Rs 87 per dollar in 2026.
The Indian rupee recovers from an all-time low against the US dollar, closing at 90.38. This rebound is attributed to central ...
The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, as the ...
Indian equities closed lower Wednesday, with the Sensex and Nifty extending their decline to a third consecutive session, as ...
MUMBAI: After being nearly absent from the forex market for a while to let the rupee find its own feet, the Reserve Bank on ...
For a while, the slide felt orderly, even predictable. The rupee had been weakening in steps, cushioned by central bank ...
On the Multi Commodity Exchange (MCX), silver jumped over 4% during early trade. Around 9:20 am, MCX silver was trading 3.38% ...