The Indian rupee is expected to open modestly stronger on Friday, benefiting from a broadly weaker dollar that was weighed ...

The Indian rupee surged nearly 1% against the US dollar, aided by the RBI's intervention, marking its strongest rally in over ...

The local currency, on February 10, touched a new record low at 87.9563 against the US dollar due to the new tariff plan ...

The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...

RBI's approach may aim to minimize the impact on rupee liquidity while keeping currency volatility in check. At the same time ...

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...

The weakening rupee may hurt Indian consumers, but for investors with exposure to US stocks and mutual funds, it’s a ...

The Reserve Bank of India cut its key interest rate for the first time in nearly five years and ... also weighed on the rupee INR=IN earlier in the week. On the day, the currency rose about 0.2% to ...

India’s rupee rallied by the most in over two years on suspected strong intervention ... the most since November 2022, to 86.6362 per dollar in Asia’s best performance on Tuesday.

However, it remains vulnerable over the longer horizon given the domestic issues ... conducted buy/sell swaps alongside its spot intervention. The 1-year implied yield on dollar/rupee forwards is down ...