Finance Minister Nirmala Sitharaman rejected criticism of the rupee's decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...

It will also conduct a 56-day variable rate repo (VRR) auction of ₹50,000 crore on 7 February and a dollar-rupee sell swap auction of $5 billion for a tenor of six months on 31 January.

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 ...

The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...

However, there are media reports estimates that suggest it could be valued around Rs 43 ($0.50) per token. Whereas, the Digital Rupee (e₹) is India’s official digital currency, issued by the Reserve ...

Let the rupee find its own level — that was the broad message conveyed by senior economists to the Reserve Bank of India (RBI) Governor Sanjay Malhotra in a meeting in Mumbai on Friday. Economists are ...

While the rupee has depreciated by only around 5% in the last two years, it has fallen over 20% since January 2020, making it one of the weakest-performing currencies in South and Southeast Asia, ...

The Indian rupee appreciated 26 paisa to 86.32/dollar, driven by a global retreat in the USD index and central bank interventions. The Reserve Bank of India’s dollar-rupee swaps impacted forward ...

The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the ...

Star Wars: Jedi Power Battles lets you play as Jar Jar Binks, along with 12 other brand new characters that weren’t present in the PS1 original. While some characters are available to play as ...

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. UBS Group AG is recommending to short ...

In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for non-resident Indians for settling current and capital account transactions with ...