Currencies News

The Reserve Bank of India (RBI) is preparing to revive its long-pending proposal to introduce polymer-based banknotes in the country, according to people familiar with discussions held at recent central bank board meetings. The proposal was review

The Indian rupee appreciated by 5 paise against the U.S. dollar in early trade on Friday, supported by softer crude oil prices and improved global risk sentiment following reports of a temporary extension of the U.S.-Iran ceasefire arrangement. At

The Indian rupee is likely to open weaker on May 28 as rising concerns around the conflict involving Iran and the U.S. continue to pressure investor sentiment and foreign capital flows. Currency traders expect the rupee to open in the 95.78-95.83 ran

The Indian rupee is expected to face renewed pressure on Tuesday after crude oil prices climbed following fresh U.S. military action in Iran, reducing optimism around an immediate peace agreement in West Asia. The rupee is likely to open in the 95

Reserve Bank of India Governor Sanjay Malhotra said the central bank will intervene whenever necessary to maintain orderly conditions in the foreign exchange market and prevent speculative pressure on the rupee. Invest in Indian Markets and Unl

The Reserve Bank of India (RBI) is weighing multiple options, including possible interest rate increases and additional dollar-rupee swap operations, as authorities attempt to stabilise the rupee following its recent slide against the U.S. dollar.

The Indian rupee advanced to its strongest level in nearly a week on May 23, supported by central bank intervention and interbank dollar selling after the currency came under heavy pressure in recent weeks due to elevated crude oil prices and foreign

The Indian rupee rebounded sharply on May 22, gaining 49 paise from its record closing low to settle at 96.37 against the U.S. dollar amid softer crude oil prices and possible intervention by the Reserve Bank of India (RBI). At the interbank forei

The Reserve Bank of India is evaluating several options to stabilise the rupee, including a potential rate hike, following the currency’s sharp depreciation against the U.S. dollar, according to a Bloomberg report citing people familiar with the ma

The rupee depreciated 13 paise to settle at an all-time closing low of 96.83 against the U.S. dollar on Wednesday, according to interbank foreign exchange market data. The domestic currency had closed at 96.70 in the previous session. During the d

The Indian rupee settled at an all-time closing low of 96.53 against the U.S. dollar on Tuesday, declining 18 paise from the previous close of 96.35. The currency also touched an intraday low of 96.61 during the session as rising crude oil prices and

The Indian rupee touched a fresh lifetime low of 96.25 against the U.S. dollar in early trade on Monday as higher crude oil prices and a stronger dollar weighed on market sentiment. The currency opened lower and remained under pressure through the