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

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

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

Rupee closes lower at 86.56 against USD due to strong dollar, high crude oil prices, and foreign fund outflows.

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

MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the ...

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

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

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, ...

UBS Group AG is asking investors to short India’s rupee and go underweight on the country’s stocks.

RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.

The RBI has also allowed non-resident Indians to use such balances for foreign investments, including foreign direct ...