Tag: USD-INR

The Reserve Bank of India (RBI) is likely selling dollars in the forex market to prevent any further slide in rupee.
Posted in Business

RBI said to intervene as rupee slips past 92 per dollar amid escalating Iran war| Business News

The Reserve Bank of India has intervened in the forex market after Rupee slipped part the 92/Dollar mark for the first on Wednesday. The Reserve…

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Traders reckon that the Reserve Bank of India will likely step in to avert a sharp slide in the rupee against the US dollar. (PTI)
Posted in Business

Rupee to fall past 91/dollar as Iran war puts crude oil on the boil| Business News

The rupee is expected to fall past the 91 per dollar mark on Monday after the US and Israel bombed Iran over the weekend, risking…

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The rupee has fallen 5% against the US dollar since Donald Trump imposed 50% tariff on India's exports to its biggest market. (Reuters)
Posted in Business

RBI steps in with a rescue as rupee weakens to record low of 92/dollar| Business News

The Reserve Bank of India is likely to have sold dollars before the local spot market opened on Thursday to support the rupee, three traders…

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A man looks at a screen outside the Bombay Stock Exchange (BSE) in Mumbai. (REUTERS)
Posted in Business

Investors lose ₹16 lakh crore as Sensex, Nifty crash; Adani Group stocks among biggest losses| Business News

Investors lost over ₹16 lakh crore in market value this week as India’s main stock market indices, the Nifty 50 and the BSE Sensex, closed…

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The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
Posted in Business

Rupee strengthens against dollar to 89.45 on FII inflows, RBI actions| Business News

The Indian Rupee continued to strengthen against the US Dollar on Monday, supported by foreign buying in the world’s fifth largest stock market. The rupee…

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Posted in Economy

RBI Governor asks CCIL to create infra for currency trades beyond USD-INR

Given the “broader objective” of rupee internationalisation, RBI Governor Sanjay Malhotra on Friday asked CCIL to create infrastructure for facilitate in currency pairs beyond USD…

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