With the rupee nearing 97 against the dollar, the RBI is weighing rate hikes and dollar-raising measures to stem investor panic and capital outflows.

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

The Indian rupee is facing intense pressure due to rising crude oil prices, a strengthening dollar, and widening deficits. The Reserve Bank of India has actively intervened,…

RBI has done a good job in tough times

India's RBI considers interest rate hikes and other measures to stabilize the rupee amid significant currency depreciation concerns.

India's RBI faces a currency crisis, considering 2013 strategies to stabilize the rupee amid record lows and rising import costs.