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 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 Indian rupee weakened on Thursday, as dollar demand from foreign banks and importers outweighed the impact of softer U.S.
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 ...
The spectre of imported inflation through the falling rupee is a challenge before the Monetary Policy Committee of the ...
The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...
On Tuesday, the rupee rebounded from its lowest-ever level and settled with a gain of 17 paise at 86.53 against the dollar.
The rupee recently fell to a record low of 86.7025 against the dollar before recovering slightly. This decline comes as ...
The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...