Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...
Rupee drops to record low on RBI rate cut bets, stop losses
The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a ...
India's FX reserves halt 7-week losing spree as rupee pressure eases
India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...
Reserve Bank of India's $5 billion swap shakes up rupee and bond markets
The forward premium on the USD/INR one-month contract declined by 35 basis points (bps), while the one-year forward premium ...
Asian News International on MSN1d
Sensex, Nifty Open Marginally Higher In Early Trade, Rupee At Record Low
The Nifty 50 index opened at 23,761.95, gaining 62 points, while the BSE Sensex surged over 200 points to start at 78,513.36.
The Telegraph26d
Falling rupee puts pressure on Air India's cost structure, international flights provide hedge: Company official
Falling rupee puts pressure on Air India's cost structure and profitability but the airline has some natural hedge as it can charge more for international flights where tickets are priced in foreign ...