India's foreign exchange reserves stood at $691.5 billion, as of May 30, and are sufficient to fund more than 11 months of ...

The rupee strengthened to 85.68 against the US dollar following a surprise 50 basis point repo rate cut by the RBI. This move ...

The Reserve Bank of India (RBI) surprised everyone on Friday by announcing a sharper-than-expected cut in interest rates.

On June 6, RBI reduced the key repo rate from 6% to 5.5%, its most aggressive cut since Covid-era easing. The rate cut comes ...

Sri Lanka’s rupee closed at 299.10/20 to the US dollar in the spot market Friday, marginally stronger against Thursday’s ...

MUMBAI: The Indian rupee strengthened modestly on Friday as the Reserve Bank of India’s steepest rate cut in five years ...

Rupee strengthens against dollar after RBI rate cut, boosting growth; domestic markets surge, Sensex and Nifty close higher.

During Friday's trade, the rupee also saw an intra-day low of 86 and finally settled for the day at 85.68, up 11 paise over ...

Vijay Mallya, wanted in India for fraud, gave a four-hour podcast interview after nine years. He apologised for Kingfisher’s ...

Rupee strengthens as RBI surprises with jumbo rate cut, boosting growth and lowering borrowing costs for traders.

The rupee rebounded, gaining 13 paise after the RBI unexpectedly cut the repo rate by 50 bps to stimulate economic growth.

The dollar index and dollar index futures both moved little in Asian trade, remaining near a recent six-week low. The ...