India central bank not in favour of rate hikes to defend rupee, prioritises inflation, sources say
By Ira Dugal and Jaspreet KalraMUMBAI, May 22 (Reuters) - India's central bank does not see interest rate hikes as...
archiveReserve Bank of India
Rupee opens 6 paise lower at 96.26 against US dollar
The rupee opened 6 paise lower at 96.26 against the US dollar on Friday, 22 May, tracking weakness in Asian...
India rate hikes to start in June, says Standard Chartered
By Dharamraj Dhutia MUMBAI, May 21 (Reuters) - India's central bank is likely to start raising interest rates as early...
India’s central bank revives aggressive pre-market intervention to arrest rupee’s slide, bankers say
By Nimesh Vora and Jaspreet Kalra MUMBAI, May 21 (Reuters) - The Reserve Bank of India reverted to its familiar...
Rupee rebounds 61 paise from record low, rises to 96.25 against US dollar
After hitting multiple record lows in past sessions, Rupee staged a comeback in early trading on Thursday, gaining 61 paise...
India to conduct $5 billion dollar/rupee swap as FX pain persists
BENGALURU, May 20 (Reuters) - The Reserve Bank of India said on Wednesday it will conduct a dollar/rupee buy/sell swap...
Foreign currency exchange counters opened in Raxaul | Patna News
Motihari: The Reserve Bank of India (RBI) on Monday opened two foreign currency exchange counters in Raxaul, a city of...
Indian Rupee Hits Record Low of 96.25 Against US Dollar Amid Oil Surge
Business DeskLast Updated: 18 May 2026, 10:54 AM ISTThe Indian rupee slumped to a fresh all-time low of 96.25 against...
India scrambles to steady rupee as oil shock bites
The rupee hit a record low of over 96 to the US dollar, prompting officials to signal that halting further...
India’s Forex Reserves Jump $6.3 Billion, But Rupee Stays Under Pressure
Reserves Rise, But Underlying Pressures Remain India's foreign exchange reserves have seen a significant increase, offering a temporary boost. However,...
