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The official currency of India is the rupee (INR), which is issued and regulated by the Reserve Bank of India. It's denoted by the symbol ₹ and is subdivided into 100 paise. The primary medium ...

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The rupee saw a steep plunge of 30 paise to 87.25 against the US dollar in early trade on Monday as the American currency started recovering from six-month low level while trade-related ...

The Indian rupee weakened by 30 paise to 87.25 against the US dollar in early trade on Monday, driven by a strengthening dollar, trade uncertainties, and FII outflows. The local unit found some ...

So, what next for the Indian rupee? The USD/INR pair will be in the spotlight this week as investors reflect on the upcoming RBI interest rate decision. Analysts anticipate that the bank will ...

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Rupee forward premiums have dropped after the Reserve Bank of India (RBI) announced a raft of measures, including a dollar rupee buy-sell swap, to boost domestic liquidity, likely stoking dollar ...

It is also one of the largest oil producers globally, but due to US sanctions, its economy has been struggling. Interestingly, the Indian rupee holds significant value here. In this country, Re 1 ...

The Reserve Bank of India (RBI) on Wednesday announced more measures to ease the tight liquidity conditions in the banking system. The measures, which include the purchase of government bonds ...

During the session, traders pointed to dollar sales from foreign and state-run banks, which helped lift the rupee alongside a markedly softer US dollar. Also Read: Rupee logs biggest single-day ...

The Indian rupee’s steady decline against the US dollar has been a subject of concern for policymakers, businesses and consumers alike. The currency recently breached the Rs87 mark, having fallen from ...