Rupee falls past 87 against USD due to importer demand, FPI selling, and Trump tariffs, with RBI intervention noted.
A rebound in the domestic equity markets prevented further fall in the domestic unit, according to forex traders.
The dollar clawed back some losses after falling to its lowest in 2 months buoyed by safe haven flows after the US president said that tariffs on Mexico and Canada would go ahead as planned.
MUMBAI: The Indian rupee ended little changed on Monday, in contrast to the gains in its regional peers, as dollar demand ...
The RBI has announced a huge $10-billion dollar-rupee swap auction programme to inject durable liquidity in the banking ...
On Friday (February 21), the rupee pared initial gains and settled 4 paise lower at 86.68 against the US dollar.
On Friday, the apex bank decided to conduct a long-term USD/INR Buy/Sell swap auction of $10 billion for a tenor of 3 years.
USAID allocated USD 750 million for seven projects in India in FY24, focusing on sectors like agriculture, health, and ...
RBI to inject $10 billion through USD-INR Buy/Sell swap auction for three years, aiming to stabilize currency and boost ...
In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap ...
The Reserve Bank on Friday announced a huge USD 10 billion dollar-rupee swap auction programme to inject durable liquidity in the banking system. The USD/INR Buy/Sell swap auction of USD 10 billion ...
MUMBAI: The Indian rupee (INR) weakened slightly on Friday, pressured by US Dollar (USD) demand from importers and weakness in local shares that have seen ...