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...

South Carolina Attorney General Alan Wilson won a runoff election on Tuesday, swiftly routing the candidate initially endorsed by President...

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 ...

Foreign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

The Indian rupee slipped a bit on Tuesday, aligning with global movements as the U.S. dollar climbed to its highest point in a year. The do...

South Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and ...

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

The Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee fr...

India's economic outlook is brightening, with a top strategist predicting a multi-year manufacturing export boom. Despite past currency woe...

New Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...

India's foreign exchange reserves saw a dip of nearly $10 billion to $671.63 billion in the week ending June 12, 2026. This decline was pri...

India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...

The Indian rupee closed almost flat against the US dollar on Wednesday. Earlier gains were erased as corporate and importer demand for doll...

The Indian rupee saw a modest rise against the U.S. dollar, influenced by a U.S.-Iran truce but tempered by importer hedging and skepticism...