The Reserve Bank of India (RBI) has been seen intervening in the rupee forward markets, alongside its defence of the spot rupee, possibly to replenish its FX reserves and to replace domestic rupee

USD/INR is expected to hover around 56 and 54 to a dollar in one and three months respectively, with an upside risk, before retreating only modestly to around 52 and 51 in six and 12 months, say

Despite RBI steps to check the decline of rupee against the US dollar, the domestic currency dropped 12 paise to 55.77 against the American currency in late morning trade today on fresh dollar

The rupee posted its first gain against the dollar in four sessions on Thursday, recovering from a new record low earlier in the session, after the Reserve Bank of India (RBI) governor did not rule

The Reserve Bank of India (RBI) may consider directly selling dollars to oil marketing companies in an attempt to arrest a further fall in the rupee, which has hit record lows for seven consecutive

India Inc is suddenly talking about the falling rupee, given the extent of its slide. The depreciation is negatively affecting importers the most. For example, if an importer booked a product at, say,

The rupee cracked 56 against the dollar on Wednesday, following a steady fall over the past few weeks. One of the basic facts about international currency dynamics is that foreign exchange markets

The rapid slide of the rupee against the dollar, rising inflation, burgeoning prices of essential commodities and another dose of price rise due to increase in petroleum products would be covered

The rupee slumped to a record low against the dollar on Wednesday, ratcheting up pressure on policymakers to restore confidence in the currency at a time when appetite for risky assets is ebbing

The rupee, Asia's worst performing currency this year, still has room to fall further after policy missteps by a struggling government, said Swiss private bank Lombard Odier's chief investment officer