The RBI board approved a dividend transfer of Rs2.69trn (US$32bn) for the fiscal year ended in March, higher than Rs2.1trn ...

The Indian rupee opened 17 paise stronger at 85.05 against the US dollar on Monday, recovering from its previous close of ...

The Indian rupee is poised to kick off the week on a positive note, extending Friday’s rally, buoyed by a strength in Asian ...

PM Modi is visiting Gujarat at a time when India has achieved a milestone of becoming the fourth-largest economy in the world ...

Estimates suggest that India's foreign exchange reserves sufficiently cover approximately 10-12 months of projected imports.

The dollar index was beaten down last week. Trump threatening to levy tariffs on the domestic companies as well as the ...

The Indian rupee rebounded strongly, appreciating by 50 paise to Rs 85.45 against the US dollar, driven by a weaker dollar ...

MUMBAI - The Indian rupee gained on Friday as the dollar slipped on concerns about the U.S. fiscal outlook, with markets digesting the potential impact of President Donald Trump’s tax-cut bill, which ...

The rupee’s underperformance has been largely attributed to immediate dollar outflows, hedging and the unwinding of long rupee positions. Notably, the currency has closed at its intraday low for the ...

The Reserve Bank of India (RBI) sold $34.5 billion in financial year 2024-25 (FY25) on the net basis, the highest since the global financial crisis of 2008-09, latest data released by the central bank ...

The Indian rupee rose sharply on Friday to post its best single-day gain in more than two years as worries over U.S. fiscal ...

The USD/INR exchange rate has soared in the past few weeks, even as Wall Street analysts turned bullish on the rupee. In a ...