USD/INR continues its upward momentum for the fourth consecutive day, trading around 87.10 during Wednesday’s Asian session.
A firmer USD, ongoing Foreign Institutional Investors (FIIs) outflows, and downbeat Indian economic data weigh on the INR.
The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a ...
Explore why the USD/INR exchange rate has jumped to a record high and what to expect later this year as the RBI starts ...
The Chinese yuan clocked wild swings in onshore trade, as domestic markets reopened after the week-long Lunar New Year ...
As the RBI takes steps to address both short-term and durable liquidity concerns, the focus now shifts to whether these ...
The dollar index was up 0.3% at 109.8, while Asian currencies weakened, with the offshore Chinese yuan down 0.5% at 7.35 per ...
In the last bi-monthly monetary policy statement (made on December 6, 2024), the then RBI Governor Shaktikanta Das noted, ...
RBI's $5 billion dollar/rupee swap auction oversubscribed, infusing liquidity into banking system, with 28 bids accepted.
The domestic rate-setting panel has kept the policy repo rate unchanged for the last 11 consecutive meetings after raising it ...
Reserve Bank of India (RBI) will conduct a USD/INR Buy/Sell swap auction of USD 5 billion on January 31, 2025, to inject liquidity into the market. The swap will have a six-month tenor, with the near ...
The yuan’s USD/CNH offshore pair steadied on Tuesday after briefly surging to an over three-week high in the prior session. The currency fell sharply from this peak after Trump postponed plans to ...