Reserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...

"One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon," she said. "If anything,...

RBI Deputy Governor Poonam Gupta mentioned the rupee could stabilize or appreciate after its recent depreciation. She highlighted India's p...

Traders pointed to media reports stating that Iran had offered to reopen the Strait of Hormuz, a key energy artery,if the US eases military...

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking...

South Korea's significant pension fund is looking to invest in Indian government bonds, as India strives to enhance foreign capital influx ...

The rupee appreciated by thirteen paise against the US dollar during early trading, driven by lower crude oil prices and optimism in the lo...

The FCNR(B) scheme attracted significant foreign currency deposits for the RBI. These deposits bolstered forex reserves and stabilized the ...

RBI revised FCNR(B) deposit collections upwards to USD 133 billion. The scheme's closing date was advanced by one month following a strong ...

SBI Research indicates FCNR(B) deposits may yield substantial profits for banks and the RBI. The report refutes earlier estimates of signif...

India's foreign exchange reserves faced a considerable downturn last week, plunging by $4.9 billion to a total of $780.7 billion. This decr...

The current provision under Section 2(z) of the Act mandates that proceeds from SEZ-to-DTA supplies of services must be realised in foreign...

The Indian rupee witnessed a downturn this week, driven by expectations of rising global interest rates. Following fluctuations, oil prices...

FAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...

The rupee appreciated by sixteen paise against the US dollar during early trading today, a result of positive movements in local equity mar...

In a significant market shift, the rupee has dipped to 96 against the US dollar, marking a low not seen in over two months. This decline is...

The rupee is expected to trade within a narrow range over the medium term. Stepped-up Reserve Bank of India interventions have helped curb ...