The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a ...

Recur Club, a debt marketplace for startups and SMEs, has unveiled an INR 150 crore (USD 18 million) fund to bolster the ...

Persons resident outside India will also be able to settle bona fide transactions with other persons resident outside India ...

Citing traders, Reuters report that state-run banks were spotted offering dollars near 86.50 as the rupee declined on the ...

Rising inflation appears to have eroded Indian consumers' purchasing power, as evident in the sluggish growth of several FMCG ...

The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...

The BOK kept its benchmark rate at 3%, ducking expectations for a 25 basis point cut. The hold came amid heightened political ...

The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in ...

The Bengaluru-based firm plans to utilise the funds to repay existing debt, reduce its cost of capital, and strengthen its ...

Explore why the USD/INR exchange rate has soared and why the Indian rupee has crashed to its lowest level on record ...

On Monday, the local unit logged its steepest single-day fall in nearly two years and ended the session 66 paise down at its ...

The RBI could step up intervention, which would mean selling dollars in the local markets more aggressively. Market estimates ...