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

The Indian rupee weakened on Thursday as dollar demand from importers, including oil companies, outweighed the impact of a ...

Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...

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

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, ...

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

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

Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...

The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...

Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...

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 ...

MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...