RBI intervention

Rupee Falls 16 Paise to Close at 92.17 Against US Dollar After Hitting Record Low

Rupee Falls 16 Paise to Close at 92.17 Against US Dollar After Hitting Record Low

The Indian Rupee weakened against the US Dollar on Thursday, ending 16 paise lower at 92.17. During the day’s trading…

5 hours ago

Rupee Hits Multi-Month High vs US Dollar Amid Crude Price Crash, FPI Inflows

Strengthening Asian currencies, softening oil prices, and robust foreign portfolio investments have propelled the Indian rupee to a seven-month high,…

10 months ago

India’s Forex Reserves Drop by $2.54 Billion Amid RBI Intervention

India’s forex reserves decline to $635.72 billion, reversing a three-week gain streak, as the RBI steps in to stabilize the…

1 year ago

India’s Forex Reserves Dip by 2.63%, Not the Steepest Decline in Two Decades: Government Clarifies

Minister of State for Finance points to 2008 global financial crisis as the period with the sharpest decline in forex…

1 year ago