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

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 ...

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

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

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 ...

The Reserve Bank has already signed Memorandum of Understanding (MoU) with the central banks of the United Arab Emirates, Indonesia and Maldives to encourage cross-border transactions in local ...

The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...

RBI on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross ...

The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...

India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to ...