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 rupee opened at 86.57 and touched the intra-day high of 86.45 before closing for the day at 86.53 against the greenback, ...

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 ...

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 Korean won trading onshore and away from the offshore non-deliverable forward ...

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.

Additionally, market participants holding long rupee assets have hedged their exposure through the NDF market, Sameer Karyatt, executive director and head of trading at DBS Bank India said, pushing ...