The resumption of dollar sale by the RBI, comes around the time when the rupee opened at 96.30 in the onshore spot market.

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…

This marks the eighth consecutive trade session in which the rupee has lost its value.

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

After hitting multiple record lows in past sessions, Rupee staged a comeback in early trading on Thursday, gaining 61 paise to trade at 96.25 against the US dollar. The rebound…

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.

The Indian rupee strengthened on Thursday, marking its first gain in two weeks, following aggressive intervention by the central bank through dollar sales. A media report…