The Indian rupee fell to 95.28 against the US dollar on Tuesday, breaching the 95/$ mark. This decline has led to speculation that the cent...

India has approved a Rs 30 billion currency swap for the Maldives. This reaffirms New Delhi's role as a key financial partner. The Maldives...

The Reserve Bank of India is widely expected to maintain interest rates and its policy stance unchanged due to global economic uncertaintie...

Foreign Secretary Vikram Misri expresses the enduring friendship between India and the Maldives amid President Mohamed Muizzu's state visit...

The Reserve Bank of India signed a Currency Swap Agreement with the Maldives Monetary Authority. Maldives will receive up to USD 400 millio...

The Reserve Bank of India introduces revised currency swap frameworks for SAARC nations, providing INR, USD, and EUR support. The facilitie...

A sovereign bond issuance by India has been spoken about several times over the years.

Under the new swap window, the RBI will buy dollars, instead of bonds, from banks.

The partially convertible rupee was trading at 68.65/66 per dollar after touching 68.62.

HSBC cautioned that "while the rupee may have passed the worst", the nature of the capital account is still very portfolio flow dependent.

After the rupee got impacted following unconfirmed reports that RBI is considering withdrawing the special dollar swap window opened for oi...

During the morning session, the rupee fell by 21 paise to 61.65 against the dollar due to demand from importers for the US currency.

RBI's move to open a forex swap window to meet dollar requirements of three public sector OMCs has helped shore up the rupee.

The PSU oil companies are the biggest buyers of dollar, requiring $8-8.5 billion every month for importing an average 7.5 million tonnes of...

Shares of Indian Oil and Bharat Petroleum gained today after the Reserve Bank opened a special window to help meet the foreign-exchange req...

OMC stocks came under considerable pressure this week weighed down by sharp depreciation in rupee and rising international crude oil prices.

Bid to calm forex markets; Central bank to lend dollars to state-run cos for equivalent rupees which they would return later.