USD/INR fell sharply after hitting a record high on Monday, raising market speculation for possible foreign exchange intervention by India’s central bank to prop up the rupee.
The new executive order builds on the 25% tariff on steel and the 10% tariff the first Trump administration imposed in 2018 ...
The Indian rupee surged nearly 1% against the US dollar, aided by the RBI's intervention, marking its strongest rally in over ...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to cut the policy repo rate by 25 basis points (bps ...
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The Indian rupee (INR) weakened to its all-time low on Monday in the wake of U.S. President Donald Trump announcing fresh ...
The Indian rupee hit a historic low against the US dollar, opening at 87.92 today. This major depreciation of 49 paise from ...
Indian rupee plunges to a record low of 87.95 against the US dollar, impacted by global factors and domestic market ...
"The Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 5 billion for a tenor of 6 months" on January 31, ...
Finance Minister Nirmala Sitharaman has rejected fears over the depreciation of the Indian Rupee. Speaking to PTI, she explained that the INR has only depreciated against a strengthening US Dollar, ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The RBI had announced open market operations (OMO) purchase auctions of government bonds aggregating ₹60,000 crore, Variable ...