Browsing: RBI
The series of measures by RBI, especially the curbs on corporate activity, has helped boost the rupee with the currency…
India banned its banks from offering the most popular instrument for trading the rupee offshore, threatening to squeeze a $149…
Further steps may follow in RBI’s push to support the rupee, potentially even before its April 8 rate decision. |…
Indian rupee jumped sharply against the US dollar on Thursday, recording its sharpest single-day rise in more than 12 years,…
The Indian rupee extended gains against the U.S. dollar and rose above the 93 handle for the first time in…
The Reserve Bank of India on Wednesday barred authorized dealers from offering rupee non-deliverable forwards to resident and non-resident clients,…
The raging war in West Asia continues to have a deleterious effect on the rupee, which closed at a new…
The RBI focused much of its intervention in offshore markets, particularly through non-deliverable forwards. | Photo Credit: FRANCIS MASCARENHAS India…
The rupee plunged to a fresh lifetime low Wednesday to close at $92.63/$1 after data on Indian crude oil imports…
The rupee rose 6 paise to 90.85 against the US dollar in early trade on Thursday on the back of…