RBI has done a good job in tough times

India's foreign exchange reserves have dropped significantly as the Reserve Bank of India intervenes to manage rupee volatility. Surging crude oil prices and foreign investor…

Traders said the losses would have been steeper if not for likely dollar-selling intervention by the Reserve Bank of India. | World News

Elevated energy prices and weak capital flows have left India staring at a third consecutive fiscal year of a deficit in its balance of payments (BoP), straining the rupee.…

Experts warn the Indian rupee may slide to 100 per USD amid rising crude prices and foreign investor outflows.

The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders…

RBI intervenes as the rupee hits a record low, pressured by high oil prices and significant foreign investor withdrawals.

The rupee fell to a new closing low of 96.83 against the dollar as persistent foreign institutional investor outflows, rising crude oil prices, and global risk aversion weighed…

RBI has done a good job in tough times

Rupee has remained under pressure since the Middle East conflict erupted in late February, falling nearly 6% and hitting multiple record lows against the US dollar. The currency…

Rupee strengthens after central bank intervention, but risks from rising oil prices and geopolitical tensions remain.