The Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential interest rate hike, increased currency swaps, and raising dollars from overseas investors through deposit schemes and sovereign bonds. Policymakers recognize the rupee's rapid depreciation and are prioritizing its stabilization.

RBI prioritizes inflation over rate hikes to defend the rupee, despite market expectations and recent currency depreciation.

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

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.

The Reserve Bank of India (RBI) sold an estimated $2 billion to $3 billion on Thursday to defend the rupee against sustained pressure, and stepped in again on Friday, helping the…

The Indian rupee strengthened to close above 96 per dollar for the first time in a week, following aggressive interventions by the Reserve Bank of India. The central bank sold…

First, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. While India has made significant…

The Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential interest rate hike, increased currency…

The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be undervalued. The central bank has tools and…

By Kimberley Kao and Fabiana Negrin Ochoa