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 ...

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

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 ...

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

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

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 ...

The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation ...

Rupee rebounds against US dollar on positive inflation data, easing crude oil prices, and recovering equity markets.