The Indian foreign exchange market witnessed bouts of volatility even as the USD/INR exchange rate recorded sharp two-way movements during January-May 2025, according to RBI ...

The Reserve Bank of India on Wednesday extended the trading hours for the interbank call money market by 2 hours to 7:00 p.m.

U.S. dollar/rupee forward premium — typically more sensitive to liquidity conditions — fell to 7.5 paisa, its lowest level since November.

India’s $700 billion in foreign exchange reserves gives the economy a crucial cushion against rising geopolitical turmoil, a ...

India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...

The latest interest rates on small savings schemes such as the National Savings Certificate are higher than that prescribed ...

Two weeks ago, the Reserve Bank of India cut its key repo rate by a larger-than-expected 50 basis points and slashed the ...

RBI’s surprise 50 bps rate cut, amid falling inflation and strong macro fundamentals, aims to boost growth, credit flow, and ...

The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of ...

MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have ...