The Reserve Bank of India (RBI) intervenes on both sides of the forex market to curb undue volatility in the rupee. The rupee had risen 0.5% and logged its biggest weekly rise in more than a year ...

The forward premium on the USD/INR one-month contract declined by 35 basis points (bps), while the one-year forward premium ...

(Reuters) The Indian rupee has breached an all-time low of 86 against the US dollar. The rupee depreciated to 86.44 against the US dollar in early trade on January 27, 2025, due to the strength of ...

MUMBAI (Reuters) - The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger dollar and ...