Reserve Bank of India

As the rupee falls to a low against the greenback, the country must take steps to protect its currency

The lower-than-expected dividend is likely to hurt bond markets, which expect the budget deficit to rise

The currency has lost more than 7% this year to rank as Asia’s worst performer

The currency is down by 5.5% in 2026, sliding to an all-time low of 95.33 per US dollar on Apr 30

Falling to 95.3337 per US dollar, the currency breaches its previous low of 95.125 in late March

The licence cancellation puts the spotlight on the dwindling significance of payment banks in the banking system

The RBI’s inflation target stands at 4%, with a tolerance band of 2% to 6%

The regulator rebuke banks for transferring arbitrage trades from their books to corporate clients

[MUMBAI] The Reserve Bank of India kept its key policy rate unchanged on Wednesday (Apr 8) as it awaits clearer evidence of the impact from the Iran war on the South Asian nation’s economy.