RBI to cut the benchmark repo rate by 25 basis points (bps) to 6.25%. It will be the first RBI policy under the new Governor ...

Earlier in the day, the Indian currency opened at 87.12 vs the greenback against Tuesday’s close of 87.07 vs dollar. The ...

Virmani said the RBI's stated policy is that it does not target a specific exchange rate but intervenes in the market to ...

The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...

The Saudi Riyal (SAR) maintained its steady position in the open market on Monday, with its selling rate at Rs74.20 and buying rate at Rs74.07.This marks a slight increase compared to Friday's rates, ...

Sri Lanka’s rupee was quoted at 299.75/95 to the US dollar in the spot market Wednesday, weaker from 299.60/75 to the US ...

Dollar-rupee forward premiums and very-near-tenor swap rates dipped on Wednesday as some of the excess dollar liquidity in ...

The repo rate has been unchanged at 6.5% since February 2023, and the last rate cut was announced during the Covid-19 ...

The dollar index was at 108.52, versus 109.8 on Monday. The appreciation in the local currency comes after the rupee closed a ...

The challenge is to formulate a policy that boosts wholesale credit without triggering inflation, currency instability, or ...

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...

(provisional) against US dollar on Tuesday, as the American currency index retreated from its elevated level after President Donald Trump agreed to pause tariffs on Mexico and Canada. Forex traders sa ...