Banks, importers seen lapping up India central bank's $5 bln FX swap
The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from ...
Reserve Bank of India's $5 billion swap shakes up rupee and bond markets
The softening of yields in early trade was attributed to the RBI's liquidity-infusion measures, which helped soothe market ...
moneycontrol.com2d
Sharp rupee depreciation forces RBI to spend $77 billion from forex kitty
The Reserve Bank of India (RBI) has spent $77 billion from its foreign exchange reserves through intervention in the spot market to defend Indian rupee from falling sharply. Due to this, Indian ...
Business Insider India2y
Rupee continues to fall to record lows and it might affect your food, education, healthcare and other expenses
The rupee has been staggering since the beginning of the year. The Indian currency plunged to a record low for a second time this week at 77.55 against the US dollar in early trade on Thursday.