The Indian rupee slipped on Friday and logged its worst week in 18 months, hurt by persistent foreign portfolio outflows and ...
The Indian rupee weakened to its lifetime low on Tuesday, pressured by strong dollar bids spurred by the maturity of ...
The Indian rupee edged lower on Friday, trading at 86.5850 against the U.S. dollar by 09:55 a.m. IST, compared to its ...
The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian ...
Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been ...
Strong dollar bids related to the maturity of positions in the NDF market is likely to keep sizeable gains at bay for the ...
Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, ...
Foreign exchange activity in the wake of South Korea’s political crisis indicates recent reforms aimed at bringing more ...
The rupee closed at a new lifetime low of 86.55 on January 14, according to the Reserve Bank of India, having fallen 2.6 per ...
Traders said the RBI likely sold dollars aggressively just prior to the opening of the local spot market, amid strong interbank dollar demand spurred by the maturation of positions in NDF market.