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, ...

Over the past month, Indian stocks have seen nearly $500 billion wiped off their market value. This marks the worst start to ...

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

The local unit settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from ...

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

Investors await the US December Retail Sales and weekly Initial Jobless Claims releases on Thursday for fresh impetuses.

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

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 is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...

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