India ramped up use of a key tool for defending the rupee to record levels as the currency weakened to an all-time low ...
MUMBAI, May 7 (Reuters) - The Indian rupee is tipped to open little changed on Tuesday on persistent dollar demand and bets that the central bank will not allow the currency to slip to an all-time low ...
The Reserve Bank of India may step in more aggressively if the rupee weakens further, with 94 emerging as a key level to ...
MUMBAI, July 17 (Reuters) - India's relaxation of foreign investment rules, aimed at drawing funds needed to turn around slowing economic growth and support a crumbling rupee, barely lifted markets on ...
Pressure on the Indian Rupee has once again drawn attention to the intervention capacity of the Reserve Bank of India. With foreign exchange reserves estimated at around $723–725 billion, India holds ...
MUMBAI: The Indian rupee, which has relied on Reserve Bank of India support to hold a key level, looks set to draw relief on Thursday from a broader rally in Asian currencies that has lifted the ...