Rupee

The central bank is unwilling to let the currency breach its record low of 88.8050 per dollar level anytime soon, the person said.

RBI tethers rupee near record low even as gold rally adds to headwinds

The rupee was last at 85.7 as of 10:45 a.m. on Friday, up 0.1% on the day and holding above its all-time low of 88.8 set last week

RBI steps up offshore forex defence to shield rupee

The central bank has built up short dollar positions of at least $15 billion in the non-deliverable forwards market over the past two to three weeks

RBI bid to globalize rupee to test India’s market depth

The path to internationalize the rupee is fraught with challenges, according to experts

RBI allows AD banks to extend rupee loans in Bhutan, Nepal, Sri Lanka

The MPC also announced additional measures, including the inclusion of select currencies of India’s major trading partners in the list of reference rates published by Financial Benchmarks India Ltd

RBI Post-Policy Presser LIVE | Governor Sanjay Malhotra Addresses GDP Growth, Inflation & Rupee

The Reserve Bank of India (RBI) today maintained a status quo on repo rate and policy stance, highlighting India's favourable growth-inflation dynamics. Meeting Street expectations, RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5 per cent, and maintained the policy stance as ‘neutral’. RBI MPC addresses the media after the monetary policy announcement.

RBI sold net $2.54 billion in spot forex market in July, bulletin shows

The Indian rupee fell 2% in July, its worst decline since September 2022

RBI making selective intervention in spot market despite rupee hitting all-time low: Experts

Rupee has been under severe pressure amid external shocks from start of this financial year. INR has depreciated around 3.73 percent in FY26 so far

Rupee opens flat at 88.75 as US visa fee hike worries persist

A day earlier, the rupee ended at a record low against the dollar amid growing worries over remittances and IT sector growth after the H-1 B visa fee hike

India Beyond the Dollar: Navigating a shifting currency order

As global reliance on the US dollar declines, India cautiously adapts—balancing local currency trade, reserve diversification, and strategic autonomy to strengthen its financial resilience in an emerging multipolar global economy

'Govt keeping good watch on rupee, several currencies weakened against dollar': FM Sitharaman

The rupee plummeted to a record low and closed at 88.27 against dollar after touching an intra-day low of 88.38 on Friday.

Rupee is not weakening, says FM Sitharaman

Rupee is volatile only against the dollar, and many countries are experiencing this, says Sitharaman

'Things will go back to normal...': Piyush Goyal on rupee hitting all-time low against dollar

Piyush Goyal on Thursday said the government expects tax revenues to rise, not fall, following the rationalisation of GST rates, as higher demand will offset any rate cuts.

Chart of the Day | Currency crisis: Why India's rupee is the weakest in emerging markets in 2025

The Indian rupee has emerged as the worst-performing emerging market currency as President Trump's aggressive 50 percent tariffs trigger unprecedented capital outflows and export challenges for Asia's third-largest economy

Indian rupee rises the most in a month on broad dollar weakness

The local currency unit gained 0.31% - its highest intraday gain since July 3 - and closed at 87.4400, compared to Tuesday's close of 87.7125.

Rupee falls 13 paise to close at 87.71 against US dollar

Forex traders said rupee is trading in a narrow range amid extended weakness in the domestic equities and foreign fund outflows may also weigh on the domestic currency.

Rupee suffers worst monthly drop since 2022 on tariff blow, portfolio outflows

The rupee could risk a fall below its all-time low of 87.95 if there are no positive developments around U.S.-India trade negotiations, traders said.

Why Trump’s tariff bomb could deal a blow to the Rupee

US imposes 25 per cent tariffs and penalties on India, rattling economic ties and the rupee’s fragile stability

Reinventing the Rupee: How India’s digital currency revolution is taking shape

The CBDC isn’t a feature. It’s a new logic embedded in money. And when logic changes at the base layer, everything upstream — including value chains — changes with it.

Global supply-side risks, external demand weakness could pose headwinds for India: RBI bulletin

The Iran-Israel conflict, which intensified in mid-June, has reversed the short-lived optimism spurred by temporary tariff freezes and trade deals earlier this year, bulletin said

Crude poised for sharp surge amid geopolitical volatility

So far in June, crude prices have rallied 24 percent to reach $75 per barrel, building on a 4 percent gain in May. The Strait of Hormuz—a strategic chokepoint that handles nearly 20 percent of global oil flows—is now at the center of concern, with markets pricing in potential supply disruptions.

Rupee set to open weak amid tensions in West Asia; RBI likely to step In

On June 20, Indian rupee closed at 86.60 a dollar, down 0.2 percent from its Thursday's close of 86.73 a dollar. So far in June, the rupee weakened 1.2 percent while so far in 2025 it has fallen 1.1 percent.

India rupee at three-month low as oil spikes on mideast conflict

India relies heavily on overseas crude purchases to meet its energy needs, and rising oil prices pose risks to both the country’s fiscal position and inflation outlook.

Rupee hits over two-month low, hurt by geopolitical worries, Trump tariff remark

The rupee declined to 86.28 against the U.S. dollar near the end of the trading session, its weakest level since April 9, before closing at 86.24, down 0.2% on the day.

Rupee opens 6 paise down at 85.85 against the dollar ahead of RBI policy

The RBI’s monetary policy committee is expected to reduce the repo rate by 25 bps, which would be the third rate cut in a row