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.

Rupee's relief rally fades as Asian currency weakness looms, despite RBI intervention and pre-market dollar selling.

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…

RBI's $2 billion intervention strengthens the rupee, combating recent depreciation amid rising crude oil prices and market pressures.

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…

India considers additional measures to curb the widening current account deficit as the rupee hits a record low, following a recent hike in gold import duties.

On Friday, the Indian rupee made a notable leap, finishing the day above the 96 per dollar threshold. The surge was largely attributed to robust actions from the Reserve Bank of…

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…

RBI navigates unprecedented economic pressures to stabilize the rupee amid inflation, growth challenges, and anticipated rate hikes.

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

Indian banks request RBI subsidy on forex hedging costs to enhance dollar funding, aiming to stabilize the rupee.

The Reserve Bank of India's $5 billion dollar/rupee swap auction attracted bids worth nearly $10 billion, highlighting robust demand amid efforts to stabilize the weakening rupee.