Persons resident outside India will also be able to settle bona fide transactions with other persons resident outside India ...

The Indian rupee depreciated by 16 paise to close at 86.56 against the US dollar on Thursday, driven by a strong US dollar, ...

The rupee saw a sharp recovery on January 15 due to multiple factors such as improved trade balances and Reserve Bank of ...

The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in ...

Narrowing trade deficit in December from revised November figures also boosted sentiment as it indicated a more favourbale ...

Rajan emphasised that the rupee’s fall, from around 83 to 86, is relatively moderate in comparison. He framed the current ...

Shenoy said the central bank is not doing enough to stop the decline of the rupee, which recently logged its steepest ...

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 ...

The Reserve Bank of India (RBI) will maintain its policy of intervening in the currency markets to curb excessive volatility ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic ...

This belief explains why there is a lot of hue and cry when a country’s currency is depreciating sharply, much like the rupee ...

On Tuesday, the rupee hit a fresh low of 86.69 per dollar (intraday) as foreign investors and oil importers continued to ...