Reserve Bank of India

[MUMBAI] India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the world’s fif...

To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July

[MUMBAI] The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told Reuters, putting the currency on track to open above its all...

Unlike past episodes, the latest show of strength comes as the US dollar struggles to extend gains

The move highlights the RBI’s effort to balance growth with currency stability as India faces the highest US tariffs in Asia

[NEW DELHI] India’s inflation eased below the central bank’s target range for the second time this year, strengthening the case for an interest rate cut as economic growth faces pressure from high US ...

The local currency’s one-month volatility against the US dollar has fallen sharply this month

Central banks have been boosting gold purchases to reduce their risks to the US dollar as global growth becomes more uncertain

The two countries’ debt have long been viewed as traditional rivals making them natural points of comparison for investors seeking returns in the region