"There is no change in RBI's approach. It does not look at any price level or band. It is our endeavour to curb excessive ...

RBI Governor Sanjay Malhotra says central bank's endeavour is to curb excessive volatility but market forces decide forex ...

Reserve Bank of India (RBI) governor Sanjay Malhotra on Saturday said market forces decide the value of the rupee with ...

India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about four ...

The Nepali rupee has hit an all-time low, with Nepal’s central bank fixing the exchange rate at Rs140.43 per US dollar on ...

Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...

The dollar index was little changed at 107.7, while Asian currencies were mostly up between 0.1 per cent and 0.4 per cent ...

The Indian rupee (INR) declined to its lifetime low on Thursday as a dip in Asian peers added to the prevailing bearish outlook on the currency a day ...

As the Indian rupee reached a record low of 87.58 to the dollar on Thursday, it finds itself at a critical juncture, navigating a sea of global and domestic pressures.

As India’s currency drops to a new low, export prospects brighten, even if inflation risks rise. Is RBI allowing a freer slide? Is growth now a bigger concern than price stability? We’ll know soon.

A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...