The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...

The rates fluctuate based on various economic, geographical, and logistical reasons. Here's a breakdown of trends across a ...

India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to ...

Indeed, it is unrealistic and unreasonable to expect the RBI to go against the trend and spend large sums of hard-earned ...

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

On Tuesday, the rupee rebounded from its lowest-ever level and settled with a gain of 17 paise at 86.53 against the dollar.

The Indian rupee rebounded on Wednesday, achieving its best day in over seven months. The currency closed at 86.3625 against the U.S. dollar, up 0.3%. This recovery followed a decline to a lifetime ...