India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.
The dollar index was little changed at 107.7, while Asian currencies were mostly up between 0.1 per cent and 0.4 per cent ...
The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a ...
The RBI interest rate decision and the US January employment report will be in the spotlight on Friday.
The Nepali rupee has hit an all-time low, with Nepal’s central bank fixing the exchange rate at Rs140.43 per US dollar on ...
The Indian rupee will likely not receive much of a boost on Thursday from the further unwinding of long dollar positions fuelled by the relief on the tariffs front.
The Indian rupee breached the 87 per dollar mark for the first time today, a steep fall from its previous close of 86.61/$ on ...
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The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low ...
The Indian Rupee has touched a new low, trading at 87.50 against the US Dollar today. The fall was witnessed against the ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
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