India's forex reserves decline, hitting multi-month low, due to RBI intervention to prevent Rupee depreciation.
UPI One World allows foreign nationals and NRIs to make seamless digital payments in India, eliminating the need for cash or ...
Record high NDF trading volume in India's offshore hub amid rupee concerns prompts banks and companies to exploit arbitrage.
For the first time, India’s services exports have topped India’s goods exports. That shift has been almost three decades in ...
India’s foreign exchange reserves continue to decline, extending downhill journey for three months now. In the week that ended December 27, the country’s foreign exchange kitty declined by USD 4.112 ...
The Indian rupee has come under pressure in the last few weeks due to various domestic as well as international factors.
The rupee weakened to its lifetime intraday low on Thursday to 85.932 per dollar before closing at 85.848/$1, little changed ...
For the week ended December 27, foreign currency assets, a major component of the reserves, decreased by $4.641 billion to $551.921 billion.
Liquidity in the banking system came under pressure due to various factors, such as tax outflows and the RBI’s intervention in the forex market to stabilise the rupee.
The Indian rupee weakened 14 paisa on Wednesday to close at a record low of 85.845/$1, amid strong US economic data and ...
India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as ...
The rupee recovered slightly from its record low and settled with a gain of 5 paise at 85.86 against the US dollar on ...