The Reserve Bank of India's inaction to the rupee's ongoing rally, which lifted it above 85, surprised market participants ...

The Indian rupee's recent rally and a sizeable decline in hedging costs are expected to catalyze the participation of companies in the Reserve Bank of India's $10 billion FX swap next week. On ...

MUMBAI (Reuters) - India's central bank could tolerate a sharper depreciation of the rupee if China lets the yuan weaken to cushion the impact of U.S. tariffs, multiple sources aware of the ...

The official currency of India is the rupee (INR), which is issued and regulated by the Reserve Bank of India. It's denoted by the symbol ₹ and is subdivided into 100 paise. The primary medium ...