IMF reclassifies India's exchange rate regime on forex interventions
The RBI strongly disagrees with IMF's assessment that FXI likely exceeded levels necessary to address disorderly market conditions.
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December 2023
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Rupee holding ground amid strengthening U.S. dollar: FM
Rupee will find its own level, says Nirmala Sitharaman
Rupee falls to record low of 82.69 against US dollar
The rupee opened at 82.68 against the US dollar at the interbank foreign exchange.
Rupee tanks to all-time low of 81.67 against US dollar
This is the fourth consecutive session of loss for the domestic currency.
High ATF prices, weak rupee to drag aviation revival; outlook negative
Elevated ATF prices will impact earnings and liquidity profile of the airlines in the near to medium term, while weaker rupee to dollar will raise input costs.
Rupee hits new all-time low of 79.48 against dollar
RBI on Monday put in place an additional arrangement for invoicing, payment, and settlement of exports and imports in the Indian rupee.
Rupee plunges to record low of 79.37 against US dollar
Nomura expects the Indian rupee to fall to 82 against the dollar by the third quarter of 2022.
Rupee falls to record low of 77.41 against US dollar
The rupee opened at 77.17 against the US dollar at the interbank foreign exchange.
Russia-Ukraine war triggers war against dollar
Two-pronged transformations in the global financial system will result in swifter downfall of the dollar.
Rupee breaches 77 mark against dollar for first time
The Indian rupee tanked 84 paise to close at an all-time low of 77.01 against the US dollar
