Given the sharp and continuous depreciation of the rupee, the RBI had to sell dollars and buy rupees in the spot market. By ...

India's forex reserves rose to $654.27 billion for the week ending March 14, 2025, a $300 million increase from the previous ...

The RBI is facing contradictory expectations, with the government preferring a stronger currency, economists and policymakers ...

State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management ... in the growth rate of NIC (Notes ...

RBI governor, who had recently reiterated the central bank's policy on exchange rate management, had said that a 5% depreciation in the rupee resulted in a 30-35 basis point inflation in the ...

The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said ...

RBI is likely to keep its monetary and forex policies separate, which could help ensure that exchange rate management does not undermine domestic policy goals. Gradual and modest rupee ...

India's forex reserves surged $15.27 billion to reach $653.97 billion, the sharpest weekly gain in over three years, as of 7 ...

INR operates under a managed floating exchange rate system, where its value is determined by market forces but regulated by the Reserve Bank of India (RBI) to prevent excess volatility.

Analysts see this as prolonging uncertainty over leadership succession, though it allows time to address regulatory concerns ...