The new executive order builds on the 25% tariff on steel and the 10% tariff the first Trump administration imposed in 2018 ...
USD/INR fell sharply after hitting a record high on Monday, raising market speculation for possible foreign exchange intervention by India’s central bank to prop up the rupee.
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to cut the policy repo rate by 25 basis points (bps ...
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop ...
According to forex traders, Tuesday's sharp gain a day after sliding closer to the 88 level shows a highly volatile currency ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The Indian rupee witnessed its biggest rally in over two years, recovering the 87 mark against the US dollar on February 11.
Data suggests that the forex reserves of the RBI has declined sharply by over $75 billion since September 27. This was the ...
Indian Rupee strengthens to 86.63 per US dollar on RBI interventions and debt market inflows amid global uncertainties.
The Indian rupee has depreciated 3.3 per cent against the US dollar between October 2024 and January 2025, but the decline has been lower than some of its Asian currencies, Minister of State for ...