Reserve Bank Governor Sanjay Malhotra on Friday made it clear that the “less restrictive” monetary policy approach, which helped deliver a 0.25 per cent rate cut is only for this meeting given the ...

Market participants said that the Governor's statement suggests that the RBI is indicating a willingness to allow ...

India forex reserves have jumped $1.05 billion surging to $630.61 billion, as of January 31. India's forex reserves have ...

Reserve Bank of India cuts interest rates for the first time in 5 years, but Governor Malhotra emphasizes global ...

As India’s currency drops to a new low, export prospects brighten, even if inflation risks rise. Is RBI allowing a freer slide? Is growth now a bigger concern than price stability? We’ll know soon.

Given the global unknowns, the path ahead for monetary policy remains uncertain. This is reflected in the MPC’s decision to ...

A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...

The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...

The RBI has also entered into local currency settlement system arrangements with select trade partner countries like the UAE, ...

On Monday, the rupee breached the psychologically important 87 per dollar level when President Donald Trump threatened to ...

Reuters reported on Friday that the Reserve Bank of India (NSE: BOI) (RBI) intervened in the currency market to support the ...

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 280 in the interbank ...