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MUMBAI, Feb 27 (Reuters) - The Reserve Bank of India was likely selling dollars via public sector banks on Monday to prevent the rupee from falling below 83 to the dollar, four traders told Reuters.
MUMBAI, Feb 5 (Reuters) - The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low amid broad-based interbank dollar demand, three ...
MUMBAI, Feb 17 (Reuters) - The Reserve Bank of India has likely been selling dollars in the non-deliverable forward (NDF) market this week to prevent the rupee from weakening past 83 per dollar, five ...
The Reserve Bank of India's (RBI) efforts to globalize the rupee, amidst US tariffs and a weakening currency, are set to test India's market depth.
The Indian rupee hit a fresh record low on Tuesday, September 23, pressured by the US's announcement of higher visa fees, which deepened concerns over the currency’s outlook. The rupee slipped to ...
The Indian rupee’s historic slide to 88.7550 against the US dollar is tightening the financial noose for students and ...
MUMBAI, March 29 (Reuters) - The Indian rupee, after adjusting for the fiscal year carry cost, was lower versus the U.S. dollar on Wednesday amid higher U.S. yields and dollar inflow expectations. The ...