The Indian rupee will likely not receive much of a boost on Thursday from the further unwinding of long dollar positions ...
Rupee hits record low against U.S. dollar on anticipation of RBI rate cut, weak economic data, and foreign fund outflows.
India's central bank is likely conducting buy/sell dollar-rupee swaps in addition to selling spot dollars to support the rupee, three traders told Reuters on Thursday.
The RBI's actions in the market since Governor Sanjay Malhotra's surprise appointment in December suggest the central bank is ...
Asian currencies also slumped after the dollar rallied on Trump's sweeping tariffs that impose a 25% levy on Mexican and ...
The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
India’s central bank is reportedly conducting dollar-rupee swaps and selling spot dollars to support the rupee. Traders noted that the RBI’s recent interventions have affected rupee liquidity, while ...
Rupee hits all-time low against dollar amid global trade war concerns, RBI rate cut expectations, and weak services sector.
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% ...
Among consumer stocks, Asian Paints Ltd and Titan Co Ltd tumbled over 3 percent each after both companies reported earnings that fell short of analysts’ estimates. Nestlé India Ltd and Hindustan ...
There are expectations that the central bank’s MPC will decide on cutting the key rates for the first time in 5 years by 25 ...
In currency markets, the Indian rupee hit a fresh low of 87.5 against the dollar, as expectations of a rate cut grew ahead of ...