The Reserve Bank of India used dollar-rupee swaps to inject $3 billion worth of rupee liquidity to ease a financial squeeze.
Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...
Indian rupee gains on weaker dollar, improved trade deficit, and central bank support, marking biggest single-day increase in ...
Narrowing trade deficit in December from revised November figures also boosted sentiment as it indicated a more favourbale ...
The Indian rupee weakened by 11 paise to close at an all-time low against the US dollar on Friday, just three paise away from ...
Asian currencies nudged higher and the dollar index was at 109.64, easing after scaling 110 on Monday. Brent crude was just ...
India’s forex reserves hit 10-month low to $634.5 billion after rupee falls to record low of 86.04 against US dollar ...
The rupee's decline and resulting liquidity crunch have complicated the RBI's rate cut decision for February 7. Economists ...
A surge in oil prices, continued outflows from foreign investors, and a rally in USD might cap the INR's upside.
The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian ...
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 ...
We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have ...