India Central Bank Intervenes to Curb Speculative Rupee Bets
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to ...
RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
During a media round at a recent event, RBI Governor Sanjay Malhotra was asked about India's stance on cryptocurrencies. Given the RBI's repeated warnings about the risks of crypto and its calls for a ...
What's behind the unabated rise of US dollar, and will it inflict more pain on Indian markets?
The US dollar has seen significant growth, hitting two-year highs and impacting emerging markets, particularly the Indian rupee, which is reaching record lows. Key factors include aggressive US tariff ...
RBI intervenes to stop rupee’s fall to 88 to a dollar
The rupee recovered from its all-time low on Monday after the Reserve Bank of India (RBI) likely intervened by selling ...