This approach may aim to minimize the impact on rupee liquidity while keeping currency volatility in check. At the same time, rupee's REER has fallen, meaning its overvaluation is lower now.

Sri Lanka’s rupee closed at 296.25/45 to the US dollar in the spot market Thursday, stronger from Wednesday’s close of 297.15 ...

Short positions on all Asian currencies were at multi-month lows on Thursday, as analysts shrugged off fears around the ...

The Indian currency has been going through a rough phase. This difficult ride for the Indian Rupee is not new. In the past 5 ...

The rupee appreciated 19 paise to 86.79 against the US dollar in early trade on Thursday (February 20, 2025), as the American ...

Indian Rupee appreciates against US dollar in early trade on Thursday, driven by weaker dollar and oil prices. The rupee is ...

The local currency strengthened by 10 paise to open at Rs 86.85 against the greenback, according to Bloomberg.

RBI Bulletin showed that the central bank sold $15.15 billion in the spot foreign exchange market in December.

A stable framework for legitimate businesses, combined with a focus on fostering exports and attracting investments, will ...