The rupee slid to an intraday low of 92 per dollar amid dollar demand and FPI outflows, with RBI intervention preventing a ...
The Reserve Bank of India (RBI) likely intervened before market opening to prevent the rupee from falling to near record low levels, according to traders.
India is piloting a digital food currency, a Central Bank Digital Currency (CBDC), for its free ration scheme in select ...
The Reserve Bank of India’s Monetary Policy Committee (MPC) is scheduled to meet from February 4 to 6, and economists expect ...
By Pranoy Krishna BENGALURU, Jan 29 (Reuters) - The Reserve Bank of India will hold its key interest rate steady at 5.25% through 2026, according to a majority of economists polled by Reuters, as the ...
The Central Bank has already lowered the repo rate by 125 basis points since February 2025 to 5.25 per cent.
The communication will likely stay growth-supportive and emphasize readiness to respond to any downside risks, especially those linked to US tariffs.
RBI intervention via dollar sales prevented the rupee from breaching the 92 mark, even as it closed at a fresh low amid FPI outflows and dollar strength ...
By Nimesh Vora MUMBAI, Feb 2 (Reuters) - The Indian rupee is expected to remain under strain on Monday amid broad-based risk-off sentiment, with traders wary of pushing the currency beyond the ...
RBI proposes linking BRICS digital currencies to cut U.S. dollar use and ease trade and travel payments across member nations ...
India trials RBI-backed digital food coupons for PDS, enhancing efficiency and reducing leakages. Pilot programme begins in ...
Kathmandu, Feb. 3 -- The central banks of Nepal and India are exploring the possibility of using the interbank market-one of the most important segments of the foreign exchange system-to allow the ...