The currency has failed to hold on to its gains after the Reserve Bank of India unexpectedly sold large amounts of dollars last month to quell speculation against the rupee ...
The Indian rupee, Asia's worst-performing currency this year, is nearing a new low despite recent interventions by the Reserve Bank of India (RBI).
The Indian rupee is inching closer to a new low again, with the central bank’s recent interventions providing only a limited ...
Indian banks are facing a prolonged squeeze on profit margins, as faster loan repricing and rising credit demand outpace the fall in deposit costs. Mixed signals from top lenders suggest relief may ...
The meeting, though without a formal agenda, is expected to focus on current market conditions, the traders said, declining ...
The RBI, earlier, cancelled an auction of ₹11,000 crore ($1.25 billion) in seven-year government securities, triggering a seven-basis-point drop in the benchmark bond yield ...
Uncertainty over tariffs on India’s exports to the US and a less certain path for Federal Reserve rate cuts are exerting ...
In 2023, India added around USD 58 billion to its foreign exchange reserves, contrasting with a cumulative decline of USD 71 billion in 2022. In 2024, the reserves rose by a little over USD 20 billion ...
India's forex reserves fell by USD 6.925 billion in the last week of October, driven by drops in foreign currency and gold ...
India’s foreign exchange reserves fell by $6.9 billion to $695.36 billion, according to RBI data. Despite the decline, the ...
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