Rupee Hits Record Low Near 97, RBI Eyes Crisis-Era Toolkit to Stop the Freefall
With the rupee crashing to an all-time low of nearly ₹97 against the dollar battered by the Iran war fallout and surging oil prices the Reserve Bank of India is…
With the rupee crashing to an all-time low of nearly ₹97 against the dollar battered by the Iran war fallout and surging oil prices the Reserve Bank of India is…
The Indian rupee touched an all-time low of 95.96 against the US dollar on Thursday battered by sky-high crude oil prices, relentless foreign fund exits, and a shocking surge in…
India’s foreign exchange reserves surged by $2.362 billion in the week ending April 17, 2026, reaching a total of $703.308 billion. This marks a continued recovery after the reserves slipped…
The USD-INR pair has appreciated by about 2% from its recent lows but is still 5% down on year-on-year basis, analysts say. Indian Currency Gains Momentum Despite Broader Weakness The…
India’s Safest Banks: The RBI has identified three lenders as the country’s most Systemically Important Financial Institutions, labeling them as Domestic Systemically Important Banks (D-SIBs). Why Bank Safety Matters to…
RBI’s Monetary Policy Committee review meeting begins today, Wednesday, December 3. Will the committee decide to change the Repo Rate this time or keep it stable? The Reserve Bank of…
SBI implemented new rules for free ATM transaction limits and fees from February 1, 2025. Now, a uniform free limit applies to all State Bank of India customers. If you…
Investing in digital gold has soared in popularity in recent years. However, many investors remain unaware of its risks. Therefore, you must invest money in digital gold very carefully. Investing…
Low inflation surprises drive expectations for a lower Repo Rate and a ‘wait-and-watch’ approach from the Reserve Bank of India. Morgan Stanley Forecasts 25 BPS RBI Rate Cut in December…
Rupee opens at 88.55 per dollar in the interbank forex market. Early deals saw it hit 88.56 per dollar. This move showed a 21 paise strengthening from the previous close.…