The Reserve Bank of India used dollar-rupee swaps to inject $3 billion worth of rupee liquidity to ease a financial squeeze.
The local currency was trading at 86.38 against the US dollar at 2:00 pm, as compared to 86.64 against the greenback on the ...
Indian rupee gains on weaker dollar, improved trade deficit, and central bank support, marking biggest single-day increase in ...
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
On Tuesday, the rupee hit a fresh low of 86.69 per dollar (intraday) as foreign investors and oil importers continued to ...
Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...
Indian rupee's spiral persists despite mild recovery in Asian peers, dollar index pause, and rising oil prices.
The rupee's decline and resulting liquidity crunch have complicated the RBI's rate cut decision for February 7. Economists ...
The Indian rupee opened weaker on Friday. The currency weakened by two paise to open at Rs 85.88 against the greenback, ...
A surge in oil prices, continued outflows from foreign investors, and a rally in USD might cap the INR's upside.
India’s forex reserves hit 10-month low to $634.5 billion after rupee falls to record low of 86.04 against US dollar ...
For instance, if a US university charges $40,000 per year, the cost in rupees used to be Rs 32 lakh when the exchange rate ...