Banks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...

The Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...

The Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Eng...

Japan's finance ministry is shifting tactics, abandoning public warnings about currency intervention. Officials now aim to surprise specula...

The immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...

Exciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...

India's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...

The Reserve Bank of India's net short forward position in the currency market surged to a record $106.6 billion in May, indicating signific...

The Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...

State Bank of India has successfully raised $300 million by issuing three-year senior unsecured floating-rate bonds in overseas markets. Th...

The Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabiliz...

India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This ro...

The yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federa...

The U.S. dollar surged to a 13-month high, driven by a tech stock sell-off and anticipation of Federal Reserve rate hikes. Investors are fl...

The Indian rupee weakened by six paise against the US dollar on Tuesday, closing at 94.73. This dip was primarily driven by a surge in the ...

The Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...

The yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by governmen...