rupee
Indian central bank intervenes as rupee drops to record low
The currency has lost more than 7% this year to rank as Asia’s worst performer
India hikes gold and silver tariffs to 15% as it defends rupee against Iran war fallout
The move aims to dampen demand in the world’s second-largest bullion market
India explores steps to mobilise US dollar inflows as rupee slides, sources say
The currency is down by 5.5% in 2026, sliding to an all-time low of 95.33 per US dollar on Apr 30
India’s rupee drops to record low as crude surge deepens worries
Falling to 95.3337 per US dollar, the currency breaches its previous low of 95.125 in late March
India forex regulator criticises banks’ rupee arbitrage trades
The regulator rebuke banks for transferring arbitrage trades from their books to corporate clients
India FX cap softens pressure on rupee even as offshore influence lingers: Axis Bank director
The RBI has ‘effectively broken’ the direct link between the onshore and offshore markets, says Neeraj Gambhir
India’s boldest currency move in years brings brief rupee relief
RBI flexibility falls as FX reserves drop in March to defend the rupee following the Iran conflict
Rupee breaches 93 per US dollar to hit record low as Iran war risks deepen
With no let-up in the conflict, Indian currency looks increasingly vulnerable and could slip to 95 per dollar
India’s central bank ramps up key tool to defend falling rupee
The build-up comes as emerging markets face renewed pressure from a resurgent US dollar
Indian central bank likely selling dollars to avert rupee slide to record low, traders say
[MUMBAI] The Indian central likely stepped into the foreign exchange market on Monday, four traders told Reuters, to limit the rupee’s decline as a surge in oil prices pummelled currencies across Asia...
