Rupee

Mumbai, July 23: The Reserve Bank of India (RBI) was the net seller of $6 billion in the spot foreign exchange market in May to contain volatility of Rupee which depreciated by 0.1 per cent during the month.  In April, the central bank…
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New Delhi, July 21: The five-session losing streak of the Rupee ended today, aided by easing crude oil prices and stronger-than-expected foreign exchange inflows under the Reserve Bank of India's (RBI's) recent measures to shore up the…
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New Delhi, July 20:  The Indian rupee weakened 12 paise to 96.42 against the US dollar in early trade today amidst surge in crude oil prices and a strong demand for the American currency as the West Asia conflict escalated.…
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Mumbai, July 16: Depreciating for the fourth straight day, Rupee shed 8 paise to settle at 96.33 (provisional) against the US dollar amid volatility in global crude oil prices and a stronger greenback as the West Asia crisis intensified.…
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Mumbai, July 16: The Indian Rupee declined by 6 paise to reach 96.31 against the US dollar in early trade today amid volatility in global crude oil prices and a stronger greenback with the West Asia crisis showing no signs of abating.…
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New Delhi, July 8: Indian equity markets ended sharply lower today against the backdrop of fresh fighting between the US and Iran, which pushed up the prices of international crude oil. Meanwhile, the Indian rupee…
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New Delhi, July 7: Saudi Arabia has decided to cut its official selling price (OSP) for crude oil sold to Asian buyers, a move that is expected to provide short-term relief to India by lowering import costs and easing inflationary…
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Mumbai, June 12: As global oil prices fell sharply, India's benchmark indices Sensex and Nifty ended sharply higher today. International crude oil prices recorded a drop, with Brent crude - the global oil benchmark - trading lower by…
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New Delhi, June 6: The Government of India has promulgated the Income-tax (Amendment) Ordinance, 2026, granting tax exemption to Foreign Institutional Investors (FIIs) on Capital Gains and Interest Income arising from investments in…
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New Delhi, June 3: A media report today claimed that Reserve Bank of India (RBI) has sold gold worth 12 billion dollars in a span of two weeks but the central bank of the country termed it "not correct". Bloomberg Economics analysis said…
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