The USD/INR exchange rate rose to a record high of 88.86, up by over 6.1% from its highest level this year. What next for the Indian rupee?
The Rupee on Thursday appreciated by 03 paisa against the US Dollar in the interbank trading and closed at Rs 281.27 against the previous day's closing of Rs 281.30. However, ...
The banking regulator – Reserve Bank of India – has said that it is keeping a close watch on movements of the rupee, and will take appropriate steps, as warranted. The regulator has acknowledged in ...
RBI Governor Sanjay Malhotra, however, signalled scope for easing in the coming months to support the economy from any possible hit from US tariffs.
Rupee strengthens against US dollar as RBI announces measures to support exporters, domestic markets, and stabilize currency.
Mumbai: The Indian rupee made a slight comeback on Wednesday, rising 12 paise to close at 88.68 against the US dollar, after hitting a record low the previous day. The recovery came as the Reserve ...
At the interbank foreign exchange, the rupee opened at 88.69 against the US dollar, and finally settled for the day with a loss of 7 paise at 88.79 (provisional), its lowest-ever closing level so far.
The Reserve Bank of India has announced significant measures to elevate the rupee's global role, permitting cross-border lending in INR to Bhutan, Nep ...
The Indian rupee and government bonds will take cues from the Reserve Bank of India's policy decision this week, while the currency is also likely to rely on the central bank intervention for support ...
Rupee consolidated in a narrow range and settled for the day lower by 7 paise at its all-time closing low of 88.79 (provisional) against US dollar on Monday, on persistent foreign capital outflows and ...
Forex traders said the rupee is trading in a tight range as it remains under pressure influenced by continued capital outflows and geo-political developments.
The Reserve Bank of India on Wednesday announced a slew of measures to promote the internationalisation of the rupee. These include allowing foreigners to invest money stored in rupee vostro accounts ...