In early trading, the rupee slipped by seven paise, settling at 95.68 against the US dollar. Factors such as soaring crude oil prices and h...

A weak rupee is causing what analysts and industry insiders estimate to be a “net double-digit cost overrun” for businesses relying on impo...

SBI Research said the cost of the RBI’s FCNR(B) swap facility is unlikely to have driven its early closure, estimating cumulative hedging c...

Small towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle ...

Early Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the bench...

The Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from...

The Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...

In early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of I...

India's foreign exchange reserves saw a notable increase, rising by $14.1 billion to hit a significant $707 billion. This boost included a ...

The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....

The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...

In 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...

The Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...

India's foreign exchange reserves saw a jump of over fourteen billion dollars. Foreign currency assets and gold reserves contributed substa...

The rupee gained two paise against the US dollar in the early market hours, driven by a softening dollar internationally. Nonetheless, the ...

On Wednesday, the Indian rupee experienced a modest increase, managing to withstand the upward pressure of crude oil prices. Support from t...

Indian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...